If you are diagnosed with hypersomnia, your doctor can prescribe various drugs to treat it, including stimulants, antidepressants, as well as several newer medications (for example, Provigil and Xyrem).
You may have your 2015 RMD made payable directly to the charity (provided it meets the IRS definition of a qualified charity), and then designate it as a qualified charitable distribution on your tax return. You'll have satisfied your distribution requirement, and you won't have to pay income taxes on that money.
Handling Tax Issues. When taking RMDs from a traditional IRA, youâll have income taxes to report. Youâll receive Form 1099-R showing the amount of the distribution. This is reported on Form 1040 or 1040A; if you receive a distribution, you cannot use Form 1040EZ even though you might otherwise eligible be to do so.