Charitable donations from Beneficiary IRAs???
For 2013, are holders of beneficiary IRAs allowed to make charitable donations from the beneficiary IRA??? I’m not finding any reference in the Publications.
For 2013, are holders of beneficiary IRAs allowed to make charitable donations from the beneficiary IRA??? I’m not finding any reference in the Publications.
Permalink Submitted by Alan - IRA critic on Mon, 2013-03-11 22:29
Yes, but the beneficiary must have attained 70.5 before making the QCD. Beneficiary IRA accounts were clarified in Notice 2007-7 (see p 14, Q 37 in the attached): http://benefitslink.com/src/irs/notice2007-7.pdf