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Retirement tax questions
Box 7 has a 4 in it and my 93 year old father, who passed away in Sept 2023. He had not taken his RMD yet from the account. We ended up having the RMD portion sent to an approved charity (QCD) directly from the account. Turbotax asks the question of his age when he passed, but since I am not 70 1/2 yet, it seems to make no difference and treats the RMD fully as taxable income to me and not as a QCD.
‎January 13, 2024
10:31 AM