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Retirement tax questions
See @NancyG response immediately above.
If the QCD was distributed directly by Fidelity, line 1 of your 1099-R will show the entire distribution, line 2a will show the taxable portion and the distribution code should be 7.
In effect, the difference between line 1 of the 1099-R and line 2a is the QCD. You are only taxed on the amount on line 2a.
‎February 14, 2021
7:20 AM