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IRS Reminds IRA Owners of January 31 Deadline for Tax-Free Transfers to Charity for 2012
Internal Revenue Service [IRS]
[Guidance Overview] Jan. 16, 2013 "Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2012, the [IRS] said today. IRA owners age 70-1/2 or older have until Thursday, Jan. 31, to make a direct transfer, or alternatively, if they received IRA distributions during December 2012, to contribute, in cash, part or all of the amounts received to an eligible charity." MORE >> |
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