There is no code for a 1099-R that indicates that a distribution was a non-taxable qualified charitable distribution. In the series of questions after you enter your 1099-R TurboTax will ask if any of the distribution was transferred to charity. Indicate Yes and enter the amount transferred. TurboTax will exclude this amount from Form 1040 line 15b or Form 1040A line 11b and will place the letters "QCD" on the line.
You must also file Form 8606, Nondeductible IRAs, if:
There is no code for a 1099-R that indicates that a distribution was a non-taxable qualified charitable distribution. In the series of questions after you enter your 1099-R TurboTax will ask if any of the distribution was transferred to charity. Indicate Yes and enter the amount transferred. TurboTax will exclude this amount from Form 1040 line 15b or Form 1040A line 11b and will place the letters "QCD" on the line.
You must also file Form 8606, Nondeductible IRAs, if: