bikerdad
Returning Member

QCD

In the past I have taken QCD's  from my traditional IRA. Turbo Tax handled this in a straightforward manner. I entered the taxable amount during the interview process, and it was reflected to the 1040 correctly., For 2025, the process appeared to be the same, but the 1040 shows the entire distribution as taxable - it does not show the actual taxable amount, which is the gross distribution less the QCD's I took, which is what I entered in the interview form. When I look at the 1099-R in the Forms mode it shows both the gross distribution and the taxable amount that I entered. What's going on?