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posted Apr 1, 2025 6:17:03 AM

1099r recipient

When a distribution is made directly to a charity, will the RECIPIENT be the owner, or will it be the name of the charity?

 

In my case, the IRA statement shows the funds paid to, and sent directly to the charity. (not me the owner)

 

The 1099r shows me, the owner, as RECIPIENT.

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1 Replies
Expert Alumni
Apr 1, 2025 6:27:26 AM

Even though your broker made the tax-free transfer from your IRA to charity, your 1099-R form is going to report the total amount of the distribution. The forms are not coded for a QCD, and it looks the same as a distribution and shows your name as recipient. You will report on your return the part of the distribution that was a QCD.”