Can a qualified charitable distribution satisfy any required minimum distributions (RMDs) I must take?
Yes, your qualified charitable distributions can satisfy the amount that you must take as an RMD for 2010 or 2011. A 2010 qualified charitable distribution made by January 31, 2011, may satisfy all or part of your 2010 RMD. A 2011 qualified charitable distribution made by December 31, 2011, may satisfy all or part of your 2011 RMD. For example, if your 2011 RMD is $10,000, and you make a $5,000 qualified charitable distribution for 2011, you have only satisfied $5,000 of your RMD and must still take a $5,000 RMD for 2011.
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