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Retirement tax questions
Yes, QCD is still eligible for 2022 Federal Tax filing and you do not have to itemize deductions in order to make a QCD.
As listed by HelenC12, to enter your QCD Qualified Charitable Distribution:
- Sign into your TurboTax Account
- Click on Continue where I left off
- On the left side screen, select Federal then Wages & Income
- On the Wages & Income screen, scroll to IRA, 401(k), Pension Plan Withdrawals (1099-R) and click on Edit/Add
- If you come to the Review your 1099-R info screen, Edit the 1099-R you did a QCD.
- Continue with the onscreen interview.
- On the Do any of these situations apply to you? screen, select I transferred all or part of this money directly to charity.
- Continue with the onscreen interview until complete.
For more information check: What is a Qualified Charitable Distribution?
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‎April 11, 2023
7:28 AM