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Charitable Donations from IRAs Extended to 2011

Last Updated October 19, 2011

 

President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 on Friday, December 17, 2010, which includes a provision that extended the qualified charitable distribution (QCD) provision for IRA owners and beneficiaries (with inherited IRAs) who are at least age 70 ½ when the distribution occurs. Click here to read more on this