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My filled 1040 doesn't record the correct QCD. Double check of my input data shows a correct QCD entry. How to resolve?
I made a QCD of $7,750. My filed 1040, line 4a listed $55,245 and a taxable amount of $54,751. It seems as if the posted "QCD" is contained under the social security benefit. Line 5a is: $43,596 and the taxable amount of $37,057. The difference of which is beyond the Part B deductions and less than my QCD. So, I don't know how to resolve this issue and my return has been filed.
PS: I further confused as follows: 4a is entitled, "IRAs, pensions and annuities". My IRA as posted above of $55,245 does not reflect my pension of $7256. Seemingly, the total for 4a would be $62501 and the taxable amount is less my QCD.
HELP!!
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‎June 6, 2019
1:03 AM