I am 71 and received a check for my RMD at the end of December, 2017. I donated it to a charity in January 2018. Can I claim it as a deduction for 2017?

pmcpetunia · ‎June 6, 2019

JulieH1 · ‎June 6, 2019

No.

Qualified charitable contributions must be made by December 31 each year in order to exclude that amount from taxable income.

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https://money.usnews.com/money/retirement/iras/articles/2017-12-04/how-to-donate-your-required-minim...

View solution in original post

dmertz · ‎June 6, 2019

A QCD must also be paid directly to the charity by the IRA custodian.

Provided you have met the requirements for documenting this charitable contribution, this will be deductible on your 2018 Schedule A.

I am 71 and received a check for my RMD at the end of December, 2017. I donated it to a charity in January 2018. Can I claim it as a deduction for 2017?

Deductions & credits

Deductions & credits