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Get your taxes done using TurboTax
Yes of course. All versions. And I think all Online versions do too. I started doing QCD in 2023. Very easy and common. After you enter the 1099R as normal if you are 70 1/2 it will ask if you made a QCD. Your 1099R will be code 7, same as a regular 1099R. Then it will only show up on 1040 line 4a and 0 taxable in 4b and QCD written by 4b.
‎October 21, 2024
2:41 PM
8,551 Views