Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 21, 2023 2:04:23 PM

How do I enter my qualified charitable distribution amount for my 1099R?

Box 2b on 1099 R is checked.

0 7 1876
7 Replies
Expert Alumni
Feb 21, 2023 2:19:47 PM

To enter your qualified charitable distribution (QCD):

  1. Sign into your TurboTax Account
  2. Click on Continue where I left off
  3. On the left side screen, select Federal then Wages & Income
  4. On the Wages & Income screen, scroll to IRA, 401(k), Pension Plan Withdrawals (1099-R) and click on Edit/Add
  5. If you come to the Review your 1099-R info screen, Edit the 1099-R you did a QCD.
  6. Continue with the onscreen interview.
  7. On the Do any of these situations apply to you? screen, select I transferred all or part of this money directly to charity.
  8. Continue with the onscreen interview until complete. 

A qualified charitable distribution (QCD) is a distribution from an IRA made directly by the trustee of the IRA to a qualified charity. A QCD reduces the amount of your IRA distribution that you are required to recognize as income.

  • You must be at least 70 1/2 years old on the day of the distribution. The maximum amount that may be contributed is limited to $100,000. The qualifications and limitations are applied separately to each spouse on a joint return.

Because the QCD reduces your taxable income, you can’t also claim a charitable deduction for these same donations, if you itemize, since this would be double-dipping.

 

New Member
Apr 11, 2023 7:06:02 AM

I am having trouble entering my Qualified Charitable Distribution. Are QCD still eligible for 2022  federal tax filing? I do not have enough deductions to Itemize, am I still eligible to deduct QCD from my IRA distributions. If I can how do I do it? HELP

Expert Alumni
Apr 11, 2023 7:28:38 AM

Yes, QCD is still eligible for 2022 Federal Tax filing and you do not have to itemize deductions in order to make a QCD.

As listed by HelenC12, to enter your QCD Qualified Charitable Distribution:

  1. Sign into your TurboTax Account
  2. Click on Continue where I left off
  3. On the left side screen, select Federal then Wages & Income
  4. On the Wages & Income screen, scroll to IRA, 401(k), Pension Plan Withdrawals (1099-R) and click on Edit/Add
  5. If you come to the Review your 1099-R info screen, Edit the 1099-R you did a QCD.
  6. Continue with the onscreen interview.
  7. On the Do any of these situations apply to you? screen, select I transferred all or part of this money directly to charity.
  8. Continue with the onscreen interview until complete. 

For more information check: What is a Qualified Charitable Distribution?

New Member
Apr 15, 2023 1:34:49 PM

So if my father donates to directly to his church from his funds received from his IRA is this amount considered a QCD?

Expert Alumni
Apr 17, 2023 9:44:19 AM

The Internal Revenue Code allows a person who is at least 70½ years old to donate to a charitable organization (including churches) directly from their retirement account. It is known as a qualified charitable distribution (QCD).

 

Reminder to IRA owners age 70½ or over: Qualified charitable distributions are great options for making tax-free gifts to charity

New Member
Mar 6, 2024 1:07:54 PM

I tried what was suggested in the solution.  I got to my 1099-r for my inherited ira.  I edited the form but no questions came up just the form with no indication of where I would enter my qualified charitable distribution .

Expert Alumni
Mar 6, 2024 4:20:07 PM

As JohnB5677 mentioned, to qualify: You must be 70 1/2 or older to make a QCD. A QCD can be made when you reach the age of 70 1/2, even if you're not subject to RMDs until the age of 72 or 73. The questions will only show up in TurboTax if you qualify. 

For more information check: TurboTax Help Article