I've seen a lot of threads around on IRA distributions, but I wanted to make sure I understand what we received correctly. I basically need an "IRA for dummies" low down. Would the attached be considered an RMD or QCD (or neither)? Also, would you record it under Schwab's account? Bank of America? The donor's account? When sending the acknowledgment I'm assuming we would leave in the tax verbiage...although I'm not sure if it functions similar to a DAF in that Charles Schwab issues a tax receipt. I've never really had this explained to me, so I would really appreciate any help. Thank you!