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Well happy days are here again. The transition to Windows 10 is moving along pretty well considering my advanced age. It seems I will now be able to confront the new tax season with renewed zest and vigor. Would this were the case in other aspects of my life. This . Instead of this I thought y'all might need a little humor today.

I think child's basis is the sum of: For the gifted portion - it's either 50% of mother's basis if it would result in gain, or FMV @ time of gift if it would result in a loss, plus cost of 50% of any improvements between the time of gift and DOD, plus accounting for 50% of any other adjustments to basis between gift and DOD (one example: gov't eminent domain transactions), plus the remaining 50% inherited portion @ FMV I do also think that the mother's 50% would may need to go through probate. (edit: changed to "may", as Max said, depending on state law)

All good advice above. While the QCD can exceed the RMD, also keep in mind that only amounts that otherwise would have been included in taxable income may be QCD. In other words, the QCD can't include basis or other nontaxable amounts from after-tax rollovers. Also, can't do this from employer plans.

Please see: https://www.irahelp.com/slottreport/5-qcd-rules-you-must-know Item number 4.

These scams are like whack-a-mole. One gets eliminated and another pops up.