If you are at least 70½ years old, you can donate all or part of the limit of the required minimum distribution of your IRA directly to Partners for Progress. IRS will exclude that amount from your direct gross taxable income.
The check must be postmarked by December 31st, 2019 to qualify for the current tax year.
BENEFITS SUMMARY
Fulfills the IRS’s required minimum distribution
Excludes the gift from your gross income for federal tax purposes
Supports Partners for Progress
Contact the company managing your IRA for further information. The TIN for Partners for Progress is 92-0162532