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Retirement tax questions
@refereeken wrote:
I'm age 71 and the option to enter a QCD amount is not offered during the interview! (As of Jan 7, 2021.) My wife is 74 and the QCD option works fine. I think they broke the QCD part of the program for those of us who are older than 70 1/2 but younger than 72.
This may indeed be a bug.
My quick test would seem to confirm that TurboTax has changed the 70 1/2 rule to 72 for RMD's as the CARES act changed for RMDS. However, as far as I know, the QCD age remains for 2020, 70 1/2 but TurboTax does not allow it unless the age is 72 or more.
@dmertz can you confirm and do you agree?
	**Disclaimer:  This post is for discussion purposes only and is NOT tax advice.  The author takes no responsibility for the accuracy of any information in this post.**
			
			
			
			
			
			
			
		
			
    
	
		
		
		‎January 7, 2021
	
		
		10:09 PM