KarenJ
Intuit Alumni

Retirement tax questions

If you are referring to making a Qualified Charitable Distribution (QCD) from your IRA, there is a provision within TurboTax to take care of this. 

The QCD question comes up after it asks about your RMD.  Be sure that the IRA/SEP.SIMPLE box was checked on your Traditional IRA 1099-R.

If you are over 70 1/2 that should be asked.  If not check your DOB in the personal information section.

While entering your information for the 1099-R you will come to a screen that says:  Is this withdrawal an RMD?   You answer yes.   THE NEXT SCREEN  should say: Transfer to Charity?  This is where you check that all or part went to a charity and on the NEXT screen enter the amount.

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