qualified charitable distribution
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “qualified charitable distribution” means any distribution from an individual retirement plan (other than a plan described in subsection (k) or (p))—
(i) which is made directly by the trustee to an organization described in section 170(b)(1)(A) (other than any organization described in section 509(a)(3) or any fund or account described in section 4966(d)(2)), and
(ii) which is made on or after the date that the individual for whose benefit the plan is maintained has attained age 70½.
Source
- 2013–present26 U.S.C. § 408Internal Revenue Code · Individual retirement accounts · for purposes of this subtitle
For purposes of this paragraph, the term "qualified charitable distribution" means any distribution from an individual retirement plan (other than a plan described in subsection (k) or (p))—
(i) which is made directly by the trustee to an organization described in section 170(b)(1)(A) (other than any organization described in section 509(a)(3) or any fund or account described in section 4966(d)(2)), and
(ii) which is made on or after the date that the individual for whose benefit the plan is maintained has attained age 70½.
A distribution shall be treated as a qualified charitable distribution only to the extent that the distribution would be includible in gross income without regard to subparagraph (A).
Source
- 2012–202426 U.S.C. § 408Internal Revenue Code · Individual retirement accounts · for purposes of this subtitle
For purposes of this paragraph, the term “qualified charitable distribution” means any distribution from an individual retirement plan (other than a plan described in subsection (k) or (p))—
(i) which is made directly by the trustee to an organization described in section 170(b)(1)(A) (other than any organization described in section 509(a)(3) or any fund or account described in section 4966(d)(2)), and
(ii) which is made on or after the date that the individual for whose benefit the plan is maintained has attained age 70½.
A distribution shall be treated as a qualified charitable distribution only to the extent that the distribution would be includible in gross income without regard to subparagraph (A).
Source
- 2011–201226 U.S.C. § 408Internal Revenue Code · Individual retirement accounts · for purposes of this subtitle
For purposes of this paragraph, the term “qualified charitable distribution” means any distribution from an individual retirement plan (other than a plan described in subsection (k) or (p))—
(i) which is made directly by the trustee to an organization described in section 170(b)(1)(A) (other than any organization described in section 509(a)(3) or any fund or account described in section 4966(d)(2)), and
(ii) which is made on or after the date that the individual for whose benefit the plan is maintained has attained age 701/2.
A distribution shall be treated as a qualified charitable distribution only to the extent that the distribution would be includible in gross income without regard to subparagraph (A).
Source
- 2006–201126 U.S.C. § 408Internal Revenue Code · Individual retirement accounts · for purposes of this subtitle