Inherited IRA
Hello –
Taxpayer would like to do a QCD from an inherited IRA from deceased mother. Taxpayer is currently 66 years old. Can this be done when taxpayer reaches age 73?
Hello –
Taxpayer would like to do a QCD from an inherited IRA from deceased mother. Taxpayer is currently 66 years old. Can this be done when taxpayer reaches age 73?
Permalink Submitted by Alan - IRA critic on Fri, 2023-12-01 00:20
Taxpayer can make a QCD from the inherited IRA when they reach 70.5 to the day, not before that.