dmertz
Level 15

Retirement tax questions

Proceed as follows:

  • Enter the code 4 2018 Form 1099-R under Wages & Income -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R).
  • Indicate that the distribution was from an inherited IRA.
  • When asked, indicate that the decedent was born before July 1, 1946, even if it is untrue.  (TurboTax has a bug that the developers have declined to fix that requires TurboTax to see both the decedent and beneficiary as being over age 70½ even though to make a QCD only the beneficiary need be over age 70½ at the time of the distribution.)
  • Indicate how much was transferred by the IRA custodian to the charity.

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