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Can a QCD be made from an inherited IRA?

I made charitable deductions from an inherited IRA, however can find a screen that allows me to input that information.  Am I missing something?  Thanks.

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Accepted Solutions
Hal_Al
Level 15

Can a QCD be made from an inherited IRA?

Yes. If making a QCD from an inherited IRA,  you, the beneficiary  would still need to be over age 70½ to qualify.

If your birth date tells Turbotax (TT) that you are over 70.5, you get the interview questions to designate the QCD. If you're not getting it, try deleting the 1099-R and start over

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4 Replies
Hal_Al
Level 15

Can a QCD be made from an inherited IRA?

Yes. If making a QCD from an inherited IRA,  you, the beneficiary  would still need to be over age 70½ to qualify.

If your birth date tells Turbotax (TT) that you are over 70.5, you get the interview questions to designate the QCD. If you're not getting it, try deleting the 1099-R and start over

dmertz
Level 15

Can a QCD be made from an inherited IRA?

The question about having the money sent to charity is asked in the questions that immediately follow the entry of the Form 1099-R details, but only if you were age 70½ or over in 2018.

Can a QCD be made from an inherited IRA?

Appreciate the clarification, many thanks.

Can a QCD be made from an inherited IRA?

Just be aware that some states do not recognize QCD's, so you may still owe state taxes.
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