Now we are only days from this year end with the same hope that the well can be made to flow byDecember31, 2012 so that reserves can be added to the MMR balance sheet.
It merely indicates that all capital gain recognized by an individual on a tax return with a year beginning after December31, 2012 will be subject to the higher, 20% maximum.
Most IRA minimum withdrawals had to be made by Dec. 31, 2012, but account owners can make cash gifts to charities up to the amount of their December withdrawals through Jan. 31, 2013, and count those as IRA direct donations.