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Can an IRA distribution that was sent directly to charity be changed to a charitable deduction on schedule A?
I gave a QCD directly to charities from my RMD and get $2000 less back than when I list all as charitable deductions that I gave from my RMD. TT will not enter information correctly as only basis in Form 8606 after I use the taxable amount in the QCD. It breaks it down into %taxable and %nontaxable, which is correct when I do not use a QCD. How do I get only the basis left into Schedule A?
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‎June 4, 2019
10:35 PM