As VolvoGirl said, QCDs are not limited to the amount of your RMD. The 2024 annual limit on QCDs is $105,000. To report the QCD, simply enter the Form 1099-R that reports the distribution from the traditional IRA, mark the checkbox (online version of TurboTax) or answer Yes (desktop version of TurboTax) to indicate that some or all of the distribution was a QCD, then enter the amount. TurboTax will include the gross distribution amount on Form 1040 line 4a but will exclude the QCD amount from the amount on line 4b and will show the QCD notation next to the line.
