Qualified Charitable Distributions (IRA Gifts)

The Qualified Charitable Distribution (QCD) is an excellent way to show your support for JW House and receive tax benefits in return. If you are an IRA owner and have reached the age of 70 ½ you are required to make minimum distributions.

  • Distributions must be made directly from a traditional IRA account by your IRA administrator to JW House.
  • IRA Qualified Charitable Distributions are excluded as gross income for federal income tax purposes on your IRS Form 1040.
  • The gift counts toward your required minimum distribution for the year in which you made the gift.
  • You could avoid a higher tax bracket that might otherwise result from adding an RMD to your income.

Additional Info

Consult with your tax professional before deciding whether to make a charitable contribution from your IRA.

View our Ways to Give page ›