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House votes to block Trump from ordering more strikes on Iran The Washington PostHouse Passes Iran War Powers Resolution in Bipartisan Rebuke to Trump The New York TimesIran war: US House votes to limit Trump's war powers DW.comIran vote caps Trump's congressional losing streak PoliticoIran war powers rebuke shows how Trump is increasingly boxed in CNN
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Jalen Brunson takes over as Knicks surge past Spurs in Game 1 of NBA Finals The New York TimesNew York Knicks vs San Antonio Spurs Jun 3, 2026 Game Summary NBA.comNBA Finals: Blowout? Tight game? Late deficit? Whatever the situation, these Knicks are proving tough to beat Yahoo SportsBrunson keys late surge as Knicks steal Game 1 in San Antonio ESPNAll the Fam
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Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that.
What approach is efficient, provides the tax benefits you're after, and also is advantageous for the charity that's on the receiving end?
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One possibility is a qualified charitable distribution (QCD), a tax-savvy way to reduce your taxable income and maximize your donations whether you itemize deductions on your tax return or not. An added bonus is that the benefits can be large for both the donor and the charity.
Here's How QCDs Work
A QCD is a distribution from an IRA that is paid directly from that retirement account to a qualified charity. QCDs lower your adjusted gross income (AGI) and therefore lower your tax bill. They can also offset required minimum distributions (RMDs), those withdrawals you must take from your IRA each year once you reach age 72. An RMD adds to your income, raising the amount of taxes you pay, but a QCD is excluded from your income. So, for example, if you withdrew $50,000 from your IRA as an RMD, you would pay taxes on that money. But if that same $50,000 was used as a QCD instead, you avoid the taxes while helping a charity at the same time.
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Taxpayers can benefit from QCDs even when they take the standard deduction and do not itemize their deductions. Meanwhile, even though a QCD doesn't count as an itemized deduction, tax
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