$25.00 
Learn more
Submitted By: Many readers
Answered: November 23, 2015 11:43 am
Answered: November 23, 2015 11:43 am
Is the tax-free direct transfer from an IRA to a public charity by those who are at least age 70½ available for 2015?
This rule expired at the end of 2014 and has not yet been extended for 2015. Many believe it will be extended, but it is advisable to wait until later this year to see what Congress does before making any such transfer.
advertisement
Featured Books
Tax Glossary
Partnership
An unincorporated business or income-producing entity organized by two or more persons. A partnership is not subject to tax but passes through to the partners all income, deductions, and credits, according to the terms of the partnership agreement.
