I downloaded the 10990-R form from Fidelity for my inherited IRA. It has the amount that was withdrawn (RMD) but I do not see anything about the qualified directed charitable contributions I made which was the total value of the withdrawal. When I tried to follow the instructions for entering the QCD, I can get to the 1099-R but I do not see any way to enter the QCD's. I do not get the questions that were referenced in the solution I acessed.
One thing....lBe sure you check the little IRA box between boxes 7&8.
thanks, but the box is checked already. Still no way to post QCD's
Did you reach age 70½ before making the distribution from the IRA? If not, you are not eligible to treat the distribution as a QCD. It's your age, not the age of the decedent, that is a factor in determining eligibility to make a QCD.
If you are not eligible to have made a QCD, you can claim the charitable deduction on Schedule A.
Thanks but that is not my problem. For better or worse, I am definitely beyond 70.5. Still looking for an answer. I know I've taken the qualified charitable distributions off of my inherited IRA RMD in the past. ??? I'm going to look at more of my. past filings.
My problem has been solved. However , I can't tell you what I did differently. I went back to Turbotax 2022 to look at my return and I could find where Turbotax allowed me to answer the questions to claim my QCD's. I then launched Turbotax 2023. It performed a software update and when I went to update the 1099 for my inherited IRA, the software finally asked the questions that led to my being able to claim the QCD's.