QCD | Ed Slott and Company, LLC

QCD

Is a Qualified Charitable Distribution limited to the amount of the RMD for the year? Or is the limit 100k even if the RMD is less than 100k?

A QCD can be less than, equal to, or more than the RMD, but not more than 100k. If the QCD is larger than the combined RMD for all accounts and the entire QCD timing was correct, the RMD will be satisfied with no tax due and the additional amount will also be non taxable.

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