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Does a taxpayer who participates in the settlement initiative lose the charitable contribution deduction received for funding a CRT?

April 26, 2017charitable contribution deduction funding Initiative lose participates received taxpayer

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Does a taxpayer who participates in the settlement initiative lose the charitable contribution deduction received for funding a CRT?

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A.9 No. As long as the CRT meets the requirements set forth in IRC Section 664(d) and (e), the taxpayer will not have to relinquish his or her charitable contribution deduction.