10 Ways To Choose The Best Estate Planning Attorney For Your Claim

In addition, if the individual does not itemize their deductions, then they would not be able to use the charitable deduction to reduce their income taxes. Here is an example of how this Charitable IRA Rollover process would work. Lets assume that your required minimum distribution from your IRA for 2016 is $15,000. In addition, lets say that youve already taken $10,000 of your required minimum distribution earlier in 2016. That means that $10,000 will be included in your gross income. However, if you made a charitable contribution of $10,000 after you received your required minimum distribution,

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