Home › Fairmark Forum › Retirement Savings and Benefits › QCD as part of nonspousal inherited IRA distribution with estate tax deduction › Reply To: QCD as part of nonspousal inherited IRA distribution with estate tax deduction
In my case the remaining IRA (100% taxable) exceeds the $41,806 IRD (estate tax) deduction by a lot because the IRA has enjoyed a lot of capital gain since I inherited it 17 years ago.
I have done the math, and I don’t see any way in which the QCD I am considering will reduce the taxable IRA balance below the remaining IRD deduction.
My only question has been whether the $9,292 IRD deduction “lost” for 2020 because of the QCD can then be added to the “normal” $18,578 IRD deduction for 2021. (If so, the IRD deduction would still be much less than the distribution.)