Give More to Charity, Less to Uncle Sam

What if your gifts to charity could come from money the IRS never gets to tax? In this episode of The Truth About Taxes & Retirement, Barry Watts walks through four strategies for charitable giving: qualified charitable distributions from your IRA, donating appreciated stock instead of cash, bunching several years of gifts into a donor advised fund, and charitable trusts. He covers the QCD rules for 2026, how a QCD can count toward your required minimum distribution, why the bigger standard deduction cost so many people their charitable deduction, and how he and Kelly give today. Our goal is to have a plan for giving that leaves more for the causes you care about. 👉 Learn more about building a retirement strategy here: https://wealthcarecorp.com/contact/ Get Watts on Wealth the 📘 : https://a.co/d/bETW4aY Website: https://wealthcarecorp.com/ Facebook:   / wealthcarecorp   YouTube:    / @wattsonwealth   🎙 Podcast: Watts on Wealth Radio Show https://pod.link/1737485633 🎙 Podcast: The Truth About Taxes and Retirement https://pod.link/1520277576 Every Dollar App: https://www.ramseysolutions.com/ramse... J. Barry Watts Springfield’s WealthCare Corporation #CharitableGiving #QCD #TruthAboutTaxesAndRetirement 0:00 Which Beneficiary Would You Disown? 1:01 Stacking Tax Strategies 1:38 Idea #1: Never Convert All of Your IRA to Roth 2:03 How a QCD Cuts Your Taxes 2:44 The Rules for a QCD 3:14 A QCD Counts Toward Your RMD 4:08 Keep Some of Your IRA for Giving 4:50 Idea #2: Never Write a Check 5:22 Give Appreciated Stock Instead 6:55 Why Many People Lost Their Charitable Deduction 7:31 The 2026 Standard Deduction 8:12 Idea #3: A Donor Advised Fund 8:46 Give $40,000 Once and Deduct It 9:17 How Barry and Kelly Give 10:53 Idea #4: A Charitable Trust 11:49 Be Good to Charity, Treat Uncle Sam Poorly 12:04 Your Lifetime Tax Bill 12:38 Get Help With Your Giving