Yes, but it doesn't work in Turbotax. The amount donated through the Qualified Charitable Donation (QCD) still showed up as income on my AGI. And Turbotax instructed me to remove the amount of the donation off my list of donations for the year. Since the QCD was added to my income, I have to assume that it added to my taxes at the same rate as my regular income. If this is correct I do not know what possible tax advantage can be had in making a donation through the IRA disbursement rather than the regular way of writing them a check. Seems that it just adds more hassle. Can someone clarify this issue for me?
