Permalink Submitted by David Mertz on Wed, 2024-02-07 20:05
Qualified Charitable Distributions can only be made from an IRA. A Solo 401(k) is not an IRA. If a solo 401(k) distribution is paid to a charity, it would be includible in AGI and potentially deductible as an itemized deduction on Schedule A.
Permalink Submitted by David Mertz on Wed, 2024-02-07 20:05
Qualified Charitable Distributions can only be made from an IRA. A Solo 401(k) is not an IRA. If a solo 401(k) distribution is paid to a charity, it would be includible in AGI and potentially deductible as an itemized deduction on Schedule A.