If you are 70 1/2 or older, you can donate any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as the Oregon Zoo Foundation. QCDs are limited to the amount that would otherwise be taxed as ordinary income. This gift can satisfy part or all of your Required Minimum Distribution and is not treated as taxable income to you, so a QCD can be used to lower your annual income. Because a QCD is not a tax deduction, it is also a great option to support your zoo even if you do not itemize.
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