Deductions & credits

Please see this response from Coleen D.

 

First, be sure that the distribution is from and IRA and that the IRA box is checked in the program. As you continue in the interview section, you will encounter the screen.

 

As you continue with the interview screens, you will be asked if you donated a portion or all of the distribution to charity. There are eligibility requirements. TurboTax will exclude this amount  and will show the notation QCD.

 

You have to continue through the interview screen by screen. The screen that asks whether you transferred any of the distribution to charity doesn't say "QCD," but that's what it's about. If you answer that you transferred part of the distribution to charity, the next screen will ask you how much was transferred to charity. The next screen after that will tell you that the amount you specified is designated as a QCD. That last confirmation screen is the only place that you will actually see the term QCD.