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Retirement tax questions
As long as your husband was 70½ or over at the time of the distribution from the traditional IRA, the distribution transferred directly to the charity can be claimed as a QCD.
Enter the Form 1099-R exactly as received. In the online version of TurboTax there is a checkbox ("I transferred all or part of this money directly to charity") to mark on the page that asks, "Do any of these situations apply to you?" The CD/download version will specifically ask if any was transferred to charity. In either case TurboTax will ask how much of the distribution was QCD.
March 22, 2024
2:26 PM