Traditional IRAs and RMD advice

[gauss]

That's a good point. The dated letter from the charity document combined with a dated cancelled chance should be enough to satisfy an IRS human.

Thanks

-gauss

 

[pb4uski]

Regarding checkbooks that you write from to fund QCDs, recall that you may run into issues if the charity does not actually cash the check until the next calendar year.

-gauss

I'm not so sure about that.... or better put you might run into issues but you would probably prevail if you had evidence. If I wrote the check in 2020 and mailed it from a USPO in 2020 and had a receipt for the mailing (sent certified or priority mail) why wouldn't it be a 2020 transaction? I don't think that it matters when they cash the check.

That said I would probably do it electronically well before the deadline to prevent any chance of the check being lost in the mail and causing a mess.

 

[RobbieB]

Yeah, it a D without the RM part!

Yeah I just look up the first amount on the chart and pull that. This is the third time I've done it.

And I still got more dough than when I started. Cool -