Skip to main content
Level 1
April 3, 2026
Question

IRA Distribution to Charity

  • April 3, 2026
  • 2 replies
  • 41 views

My 1099 has Distribution Code 7 with IRA/SE/Simple box checked.

I am age 61

 

This cash was sent directly to a charity. I cannot figure out how to record is a non-taxable event. The 1040 doesn't allow me to check the QCD box and Turbo Tax doesn't ask if the distribution was sent to a charity.

 

    2 replies

    DoninGA
    Level 15
    Level 15
    April 3, 2026

    You must be age 70 1/2 or older for a QCD.

    VolvoGirl
    Level 15
    April 3, 2026

    So if you are under 70 1/2 it is taxable and you can add the donation as an itemized deduction on Schedule A.