Congress just passed legislation extending the “IRA Charitable Rollover Act.” It allows individuals 70-½ or older to make special charitable gifts! Individuals who took a taxable distribution from their IRA in December 2012 can avoid taxes on the distribution by making a gift to charity no later than January 31, 2013.
If you took a distribution from your IRA in December 2012, you may be eligible to make a special gift to Amazing Facts and reduce your 2012 taxes—and with taxes going up on 77 percent of U.S. households in 2013, the timing couldn’t be better!
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Amazing Facts is a non-profit, donor-supported ministry.We greatly appreciate your prayers and financial support.