The Charitable IRA Rollover is now permanent!
If you are at least 70½ you can now make tax-free gifts directly from your IRA to Idaho Public Television as a Qualified Charitable Distribution.
That way, your Required Minimum Distribution (RMD) won't be taxable income, but WILL make a difference! It's a smart way to not only enjoy tax savings but also support the value of public television.
Here's How It Works:
Benefits to You:
Tip: This tax savings is especially valuable to donors who are non-itemizers and donors who have reached their limit on itemized charitable deductions.
Your gift must be completed by December 31st in order to receive the maximum benefits for the current tax year.
For more information on how to make an IRA rollover gift, please consult your tax consultant or email Shane Chariton, Major Giving Director, at 208-373-7328 or 1-800-543-6868.