@vicalitb wrote:
I am working on my 2020 return with Turbotax DeLuxe Version. I was born before 1949 so the bug does not apply to me. I have followed your instructions to enter the QCD amounts from my traditional IRA accounts in the "Transfer to Charity?" page and Turbotax acknowledged that the amounts will be considered as non-taxable. However, at the end of the Income section, Turbotax shows that Line 4a of form 1040 IRA Distributions and Line 4b Taxable amount are identical though the word QCD is printed next to Line 4b, In other words the non-taxable QCDs have not be entered by the software. How may I correct this?
Do yiu have more than one 1099-R. Try deleting the 1099-R and view the 1040 to be sure line 4 is blank. Then re-enter. The QCD amount should not be on line 4b - I know of no problems in this area.
**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.**
