Retirement tax questions
After you enter your 1099-R, you will be asked some follow-up questions. One of them will be about transfers to charity or qualified charitable contributions (QCD). You can indicate if some or all of your distribution was to a qualified charity. Choose the response for your situation and TurboTax will include the full amount of your distribution on line 4a and any taxable portion on line 4b and will enter ''QCD'' next to it.
A QCD can satisfy all or part of your required minimum distribution (RMD) for the year. You can make a qualified charitable distribution for more than the required minimum distribution, but you cannot apply any excess to a future year's required minimum distribution. @vine1226
