@KT44 , agreeing with my colleagues @Mike9241 , @VolvoGirl , @Hal_Al , i just wanted to make sure that if you were to direct your IRA administrator to use QCD of $20,000 out of your RMD of $40,000 as a direct transfer to a qualified charity, your 1099-R would show total distribution of $40,000 in box 1 and Taxable amount as $20,000 in Box 2a. Once you enter these data points , it would amount to you having met the RMD of $40,000 and taxed on $20,000. This is a direct transfer from IRA administrator to the Charity and so you do not have to itemize.
Does this answer your question or am I confusing the situation ?
pk
