Last Chance! Donors Have Until December 31, 2013, to Make Tax- Free Charitable Distributions From Their IRAs
Author: Staff Editors.
Source: Volume 12, Number 06, September/October 2013 , pp.16-16(1)
< previous article |next article > |return to table of contents
Abstract:
A provision of the Pension Protection Act of 2006 allows tax-free distributions of up to $100,000 from Individual Retirement Accounts (IRAs) for charitable purposes. This provision originally was set to expire on December 31, 2007, but was extended until December 31, 2013.Keywords: adjusted gross income; overall charitable deduction limit; tax benefit; Roth IRA
Affiliations:
.