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Retirement tax questions
If you are taking the 1099-R QCD deduction from the taxable IRA distribution in the 1099-R interview, then you cannot also deduct it as a itemized deduction.
The distribution amount should be on the 1040 line 4a and the taxable amount on 4b with QCD next to is if you entered it correctly.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 5, 2019
11:46 PM