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Retirement tax questions
@rhmaynard You are correct. It is in the instructions for the 2025 Form 1099-R. And it is shown on the 2025 IRS Form 1099-R.
My mistake, was looking at a 2024 Form 1099-R.
There is a code Y for box 7 of the 1099-R when using the TurboTax online editions and the TurboTax desktop editions.
Created a Form 1099-R with $5,000 in box 1 and box 2a empty. Box 7 used a code of Y. Continued through the various screen and landed on the screen How much did Payer transfer directly to charity? Enter $5,000 and on the following screen $5,000.00 of your retirement distribution is now designated as a nontaxable Qualified Charitable Distribution (QCD).
‎February 23, 2026
12:19 PM