VolvoGirl
Level 15
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Retirement tax questions

Why do you need to include a statement about QCDs?  You just enter the 1099R forms.  Then it will ask how much was the QCD.   You don't need to enter anything about the QCD like who it was for.  A QCD will reduce the taxable amount on 1040 line 4b with the word QCD by it.  You do NOT enter the QCDs again under Deductions  Charity.  

 

To qualify as a QCD, the distribution must have taken place DIRECTLY from the account trustee to the charity. It's ok for them to send you a check made out to the Charity that you then mail to the Charity. Withdrawing funds and then making your own contribution to a charity DOES NOT qualify as a QCD. If that was done, then you have a potentially taxable distribution and a potentially deductible charitable contribution.

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