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Sneakers from the boys' department. They are wider, sturdier, and cheaper! And my fall jacket is a kids' large (the XL was too big), as it fit far better than the women's small. But the young girls' department clothes don't work; not enough room for the hips! Hey, if I can get some better quality clothes and shoes for less money in the kids' department, that's a nice win for me. And my legs are long enough to reach the ground, so that part is all set, too.

I have met you. Saying you are petite is generous. It is like saying a nuclear particle is small! I would have thought you shop in the young girls department....HaHa! Love you my sister from another mister. Just could not resist the chance to poke a little fun at your expense. Tom Modesto

Jim is allowed to take up to $100K out and tell the custodian to pay it directly to a charity as a QCD , so YES, in your example Jim may take out $3,000 and call it QCD as long as he meets the age requirement, it comes from an IRA, none of it is a return of basis or from a rollover that was funded with after-tax dollars, and it is made payable directly to the charity. Jim's 1099-R will be issued showing a normal distribution of $3,000, and will be reported on line 4a (what used to be 15a). Then, if the full $3,000 was handled correctly and meets all the criteria above, Jim will report $-0- on line 4b (the old line 15b) with the letters QCD next to that line indicating that it's not taxable. So, your answer is "YES", but I wouldn't say the AGI is "lessened" by the extra because, if handled correctly, it isn't included to begin with. Hope that helps to clarify. The extra amount taken as QCD over the RMD doesn't count toward next meeting the distribution of any future year's RMD, but it may reduce the future RMD that is calculated since the account balance has been reduced by taking a larger distribution now than was required.

You know I get the uneasy feeling you are absolutely correct. After trying to download Chrome on booting up the next day you get this handy reminder from Microsoft about how great Edge is and you ought to give it a try.:} Well it's a downloading. I'm keeping my fingers crossed. It's creeping along but not quitting. I think I'll run to the liquor store and when I return it will have Chrome downloaded.

Very true. However, I got a different company's card to replace BoA - and having too many cards also affects your score! I do not carry balances, and I don't actually charge all that much, so my "percent of credit used" is pretty low. Well, maybe Christmas is an exception. Some of the purchases for Gwen's wedding next month, too, for that matter. After the wedding I'll post some pictures! And if any like gory pictures, I can post during-and-after pictures of the ripping apart and re-building of my dress - required since it was perfect but did not come in a petite. It was 7" too long, plus the shoulders were too long as well. Gorgeous dress, and I have some dramatic photos of it in several pieces out on a sewing table.

To elaborate: the distribution is NEVER COUNTED as taxable income to him, so it's also NOT a charitable deduction for him. To get a charitable deduction (in addition to having to itemize deductions) he would have to claim the distribution as his own income - and he'd have to get the money personally. Cleaner in many ways to send it directly to the charity. No Sch A for him, no $3K in income to claim. But yes, he can give more than his RMD. The only effect it has on future RMDs is the lower end-of-year balance to calculate it from.

QCD can be made for any amount up to $100,000.00. The RMD amount of the total for the year does not reduced your taxable income. That amount is just not received by the donor thus taxable income would be less by the RMD amount. The donor can not receive the QCD before it goes to the charity. It must be sent directly to the charity.