Qualified Charitable Distributions Still Provide Tax Benefits Under the TCJA

LFL Veritas Blog: RMD Charitable Distribution Qualified Charitable Distributions Still Provide Tax Benefits Under the TCJA Under the Tax Cuts and Jobs Act (TCJA), standard deductions were doubled to $12,200 for single individuals and $24,400 for married couples. The TCJA also eliminated miscellaneous itemized deductions while restricting deductions for state and local income taxes and […]