ColeenD3
Expert Alumni

Retirement tax questions

@PlamFrond

 

The IRS advises thus:

 

To report a qualified charitable distribution on your Form 1040 tax return, you generally report the full amount of the charitable distribution on the line for IRA distributions. On the line for the taxable amount, enter zero if the full amount was a qualified charitable distribution. Enter "QCD" next to this line

 

The program will need the amount to put as the full amount before it can record the non-taxable amount.