JosephS1
Expert Alumni

Retirement tax questions

After you enter/import your 1099-R TurboTax will ask if any portion of your distribution was transferred to charity if: your birthdate entered into TurboTax indicates that you were at least age 70 1/2 by the end of the tax year, the Form 1099-R has code 7, and the IRA/SEP/SIMPLE box is marked, the question will appear if it was a QCD.  The following links should prove helpful:

 

IRS reminders to owners age 70 1/2 or older

What is a Qualified Charitable Distribution

 

@pdwtn

 

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