
Congress is allowing taxpayers to make such gifts until Jan. 31 of this year and still count it as a 2010 distribution. But that doesn’t help those folks who already took their required payouts in 2010, because they were worried that Congress wasn’t going to extend the law. The IRS has determined that those folks are simply out of luck. They can’t retroactively roll it over to a charity.
Visit our site for more information about the tax benefits of giving to charity.
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