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New Member
posted Nov 27, 2023 11:36:41 AM

I have used Turbotax for 10+ years but used a CPA last year because I wanted to get credit for my QCD from my IRA. Can I get help to do that? George Davis

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3 Replies
Level 15
Nov 27, 2023 11:57:23 AM

Yes TurboTax will take you through that when you enter the 1099-R for the IRA distribution. After entering the basic information, one of the follow up screens will ask: Transfer to Charity? Answer the questions and the QCD will be handled.

Level 15
Nov 27, 2023 12:01:32 PM

What do you want help with?  Do you still need to file 2022?  Entering a QCD in Turbo Tax should be easy.  You will get a 1099R for the distribution.  After you enter the 1099R it will ask what you did with it.  It won't be taxable.   

To do 2023 you can buy the Desktop program now at

https://turbotax.intuit.com/personal-taxes/cd-download/ 

 

If you want to use the Online version it won't open for a couple weeks.  Keep checking back.  If you used something else to do 2022 you won't be able to transfer it into 2023 so you will need to start fresh.  

 

Level 15
Nov 27, 2023 12:36:20 PM