IRC §408(d)(8) · 2024 limit $105K

QCD: Charitable Distribution from IRA

Give straight from your IRA. The amount never hits your AGI, and it counts toward your RMD.

Your age (must be 70½+)

Filing status

Traditional IRA balance

Required Minimum Distribution (RMD) for 2024

Planned charitable gift this year

Your marginal federal rate

Do you already itemize?

Recipient charity is 501(c)(3) public charity?

QCD impact (2024)

Allowed QCD this year

RMD satisfied by QCD

AGI reduction vs cash gift

Federal tax saved (est.)

Eligibility

CHECK

Have our office process your QCD

QCD limit indexed for 2024 = $105,000/person (IRC §408(d)(8)(A), as amended by SECURE 2.0). Must be paid DIRECTLY from IRA trustee to 501(c)(3); donor-advised funds and private foundations do NOT qualify. Age 70½ rule unchanged even though RMD age moved to 73. Report on Form 1040 line 4a/4b with "QCD" notation. 689-331-5723 · info@zerofusstaxes.com