posted on January 17, 2013 14:59
IRA Rollovers to Charitable Organizations: Taxpayers age 70 1/2 or older can donate up to $100,000 from Roth or traditional IRAs to certain charitable organizations without including the amount of their IRA withdrawals in gross income. Taxpayers can make a rollover in January 2013 and have it treated as if made in 2012. Also, taxpayers who took a distribution in December of 2012 may contribute that amount to a charity and treat it as an eligible rollover to the extent it otherwise qualified as a charitable rollover. Contact Paul Haley at 202-380-0760
for more information.