The team at Dodson Parker Behm & Capparella, PC shares updates and thoughts on developments in the law.

Making Charitable Distributions from IRAs

November 17, 2017

Charitable distributions from an IRA provide a tax benefit for eligible senior citizens, but the rules can be tricky.

Any individual who it at least 70.5 years of age can make direct charitable gifts from his or her IRA.  Gifts are capped at $100,000 and must be made to qualified public charities. It is important to note that the client does not receive a charitable deduction.  Rather, the tax benefit is that the client is not paying income tax on the money distributed.

Practitioners should make sure that the distribution is made directly from the IRA’s administrator or trustee to the qualified charity.  Remember that even though Donor Advised Funds are public charities, they don’t qualify as recipients for these distributions. And, the donor must receive NO benefit (not even a chicken dinner) or the entire distribution will be taxable.

To learn more, read Conrad Teitell’s September 25, 2017 article, “Tax-Free Direct Charitable/IRA Distributions” here.

Post by: Jillian Mastroianni


▼  More from the Blog  ▼


<h2 class="widget-title widgettitle">CONTRIBUTORS</h2><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->


  • RECENT NEWS

    • Dodson Parker Hosts LAW’s Melanie Grand

      Dodson Parker hosted the Lawyers Association for Women event on March 26 celebrating the retirement of Melanie Grand, who served as Executive Director for 24 years.  Pictured below is Marietta Shipley, Jimmie Lynn Ramsaur …
    • Behm Continues to Champion Women’s Sports in Nashville

      Margaret Behm pens a guest column for The Tennessean highlighting the economic and societal impact of the 2014 Women’s Final Four. With women’s sports at an all-time high in the public consciousness, Nashville’s history …
    • Tyler Yarbro Quoted in Article Discussing Pending Legislation

      Following the Dobbs decision and the enactment of Tennessee’s abortion ban, Tennessee legislators filed a bill seeking clarification that the state’s strict abortion laws do not prohibit contraceptives or fertility treatments, including in vitro …
<!-- [et_pb_line_break_holder] --><h4><strong>Tweets</strong> <span class="timeline-Header-byline" data-scribe="element:byline">by <span style="color: #449ccf;"><a class="customisable-highlight" style="color: #449ccf;" title="‎@dodsonparker on Twitter" href="https://twitter.com/dodsonparker">‎@dodsonparker</a></span></span></h4><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->[fts_twitter twitter_name=dodsonparker tweets_count=1 cover_photo=no stats_bar=no show_retweets=no show_replies=no]

Dodson Parker Behm and Capparella PC
1310 Sixth Avenue North
Nashville, TN 37208

Ph. 615-254-2291 | Directions

Terms of Use
Copyright Policy


The information found on this website is not intended as legal advice. You should not act on any information contained within the website without consulting legal counsel regarding your particular situation.

We’re proud to call Nashville’s Historic Germantown Neighborhood our home.
You’ll find us here 7:30 am – 5:00 pm weekdays.

Privacy Policy