No. It has already been deducted from your income. You can not deduct it again. Actually it’s better to have it deducted from your IRA distribution (called above the line) instead of taking a Schedule A deduction for it especially if the Standard Deduction is more than your itemized deductions.
After you enter form 1099-R keep going. If you have entered a birth date which makes you older than 70 1/2 there will be a page that asks Do any of these situations apply? Midway down is Were any of these funds sent directly to a charity? Then it will ask for the amount.
The code in box 7 of form 1099-R must be 7 (or new code Y) and the little IRA/SEP/SIMPLE box must be checked. A IRA QCD should be 0 taxable on 1040 line 4b and the QCD box checked. Unless you have other 1099R taxable amounts on 4b. You can’t do a QCD from a 401K.
