Question: Pablo is 75 years old. He made a $5,000 qualified charitable distribution (QCD) from his IRA to a qualified local charity. If he uses the
Pablo is 75 years old. He made a $5,000 qualified charitable distribution (QCD) from his IRA to a qualified local charity. If he uses the cash method of accounting, what amount of the distribution can he claim as a charitable contribution deduction on his income tax return?
A. $0B. $1,000C. $2,500D. $5,000
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