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Deductions & credits
Yes since you are already getting a deduction for the QCD (because it's not included in your taxable income in the first place) you can't enter it in Deductions. You get a deduction for it whether you take the Standard Deduction or Itemize. It's called an Above the Line deduction which is better since it reduces your income before the standard deduction.
March 15, 2025
10:46 AM