Reply To: QCD as part of nonspousal inherited IRA distribution with estate tax deduction

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

#7992
wanttoknow
Participant

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.)