Reporting Charitable IRA Distributions on Tax Returns Can Be Confusing
by Kimberly Lankford, Contributing Editor, Kiplinger's Personal Finance
Mar 06, 2019
2 minutes
[Question]I transferred part of my required minimum distribution directly from my IRA to charity, which should be a tax-free charitable distribution and not included in my adjusted gross income. The problem is that my broker reported the entire RMD on my Form 1099-R as a taxable distribution. Should I get my broker to amend the
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