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Retirees can make Qualified Charitable Distributions from an

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ypsiCPA Member Level  Thursday, 09/22/11 08:27:09 PM
Re: cintrix post# 558
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Retirees can make Qualified Charitable Distributions from an IRA; income from distribution is not included on the return - this even works for taxpayers who don't itemize. Also, reduced AGI can result in less taxable social security.

Scheduled to expire the end of this year, may be extended.

http://www.irs.gov/retirement/article/0,,id=234258,00.html

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