- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I select that I received all the RMD for 2017 if the full RMD amount was deducted from my IRA, but a portion of it went for Qualified charitable contributions?
Topics:
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I select that I received all the RMD for 2017 if the full RMD amount was deducted from my IRA, but a portion of it went for Qualified charitable contributions?
Yes, you have the option to spend or donate your distribution anyway you feel fit, the distribution still counts as part of your Required Minimum Distribution for the year.
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I select that I received all the RMD for 2017 if the full RMD amount was deducted from my IRA, but a portion of it went for Qualified charitable contributions?
Yes, you have the option to spend or donate your distribution anyway you feel fit, the distribution still counts as part of your Required Minimum Distribution for the year.
Still have questions?
Make a post
Or browse the Forums