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Can a 501(c)(19) organization receive a QCD?

 
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LenaH
Employee Tax Expert

Can a 501(c)(19) organization receive a QCD?

Yes. A QCD is generally a nontaxable distribution made directly to an organization eligible to receive tax-deductible contributions. Organizations that are eligible to receive donations can be searched using this IRS search tool. Generally, 501(c)(19) organizations qualify if they meet all the requirements listed here

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1 Reply
LenaH
Employee Tax Expert

Can a 501(c)(19) organization receive a QCD?

Yes. A QCD is generally a nontaxable distribution made directly to an organization eligible to receive tax-deductible contributions. Organizations that are eligible to receive donations can be searched using this IRS search tool. Generally, 501(c)(19) organizations qualify if they meet all the requirements listed here

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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