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Deductions & credits
there is a situation where this might be possible. you have an IRA and can make a QCD (Qualified Charitable Distribution). the maximum QCD is $100,000 which reduces the taxable portion of the IRA $ for $ (not below zero). your other income, including any part of the IRA distribution that can't be excluded from taxable income, does not exceed your standard or itemized deductions whichever you choose. warning while this can work certain items of income/ deductions can trigger the alternative minimum tax.
‎September 10, 2023
9:34 AM