I had transferred from my RMD (42K) 16K which qualified as QCD. Yet the 1040 form only deducted 6K? How can I override this?

[macuser_22]

It it was a direct trustee-to-charity trustee transfer then:

Enter a 1099-R here:

Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).

OR  Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.

Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.

You will be asked if this as a RMD and then asked if you made a charitable contribution.  Say yes and then enter the amount.

The total distribution (1099-R box 1) should be on the 1040 line 4a and the taxable amount (box 1 minus the QCD) on line 4b with "QCD" written next to it.

[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]

[russop3]

I did all that and yet for the one 1099-R from which I took 16K QCD, I only got 6K deduction.  Why?

[macuser_22]

Try deleting and re-entering the 1099-R.

Is there not then one 1099-R with a QCD?

[macuser_22]

Works fine for me - I added some screenshots to the answer box.

[SweetieJean]

Sounds like OP typed in 6 instead of 16.

[SweetieJean]

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