@Carl - Code "F" (charitable gift annuity) is a special case and has nothing to do with a QCD that does not have any special code - a QCD is self-reported by the taxpayer, not the IRA trustee.
A charitable gift annuity involves a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. When the donor dies, the charity keeps the gift. In other words, the charity pays the donor until the donor dies, then the charity keeps the remainder.
**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.**
