A qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $108,000 total to one or more charities directly from a taxable IRA instead of taking their required minimum distributions. You enter the amount that you donated to a charity and TurboTax will subtract out up to $108,000 from your taxable IRA distributions if you qualify. You will find the question in the interview after you enter your 1099-R. On the screen that says "Do any of these situations apply to you?" you must indicate I transferred all or part of this money directly to charity.
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