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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.**
‎January 22, 2022
5:40 PM