Can a QCD be made from an inherited IRA?

Forum|Forum|7 years ago
June 1, 2019
1 reply
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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.

TurboTax Self Employed Online

Best answer by Hal_Al

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

Hal_Al

Answer

Level 15

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

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.