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Retirement tax questions
He made direct transfers form the IRA to the charity. I have these letters from his brokerage and the receiving institutions. Thank you for confirming. This is then not income that he claims and the program did that. I am only second guessing because I am comparing to how he did it last year.
He paid taxes on all of the distribution last year and shouldn't have on the QCD portions of the distribution.
thanks
kwaz67
March 29, 2020
10:02 AM