Charitable IRA Distribution
Charitable IRA Distribution continues through Dec. 2013
Congress has extended the IRA Qualified Charitable Distribution through December 31, 2013. This is a great way to support SCPR’s public news service while decreasing your taxable income. If you are age 70 1/2 or older you may transfer up to $100,000 in gifts directly from your IRA to SCPR on or before December 31, 2013. IRA Distributions are excluded from taxable income and do not qualify as charitable deductions. To learn more please contact Katherine Gfeller in SCPR Development at (626) 583-5145 and your tax advisor.