Avoid Mistakes With Qualified Charitable Contributions

Avoid Mistakes With Qualified Charitable Contributions
IRA individual retirement account. Vitalii Vodolazskyi/ShutterStock
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By Elliot Raphaelson From Tribune Content Agency
If you have reached 70 1/2, have a traditional IRA, do not itemize your tax return and make charitable contributions, you should consider taking advantage of the Qualified Charitable Deduction (QCD) option to save on income taxes.
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