Question

RMD and QCD

Forum|Forum|3 years ago
February 1, 2023
2 replies
0 views

In 2022 I used my RMD to make a QCD. My IRA administrator sent a check directly to the recipient who is listed by the IRS as a 501(c)(3) organization that is allowed QCDs. I requested that the contribution be made anonymously so my name did not appear on the check. I have a transaction statement from the IRA administrator with the date, amount, name of payee and check number. Is this sufficient documentation to satisfy IRS requirements?

IRA

M

MinhT1

Yes.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

D

dmertz

Employee

In the absence of a receipt from the charitable organization, you must have as substantiating documentation a statement from your IRA custodian showing the name of the organization, the date of the distribution, and the amount that you can provide to the IRS if requested.