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New Member
posted Jun 1, 2019 2:59:23 PM

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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1 Best answer
Level 15
Jun 1, 2019 2:59:24 PM

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

4 Replies
Level 15
Jun 1, 2019 2:59:24 PM

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

Intuit Alumni
Jun 1, 2019 2:59:24 PM

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.

New Member
Jun 1, 2019 2:59:25 PM

Appreciate the clarification, many thanks.

Intuit Alumni
Jun 1, 2019 2:59:26 PM

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