Retirement tax questions


@JBKloos wrote:

I have a related question.

While I turned 70 1/2 last year, Congress changed the rules so that I did not need to take a Required Minimum Distribution.  However, I chose to make a Qualified Charitable Distribution.  I do not find any questions about the RMD. How do I enter the QCD?


There is currently a bug in the 2021 software (that has been reported) that will not ask the question if you were between 70 1/2 and 72.

 

You can work around the by by changing your age to 72 or older - enter the 1099-R and then change your age back to the correct age.

**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.**