Am 71 YO and meet criteria for QCD. Why does TurboTax not ask me if any part of the 1099-R RMD is a QCD?
I think I see where the bug is. They are using 71 1/2 as the age and not 70 1/2.
They fixed the original bug on 3/11 but created a new one.
My test screen shots used a DOB of 1/1/1949 and you are 11/1949.
Edit the personal information and and change your DOB to 1948 and you should get the question. Fill out the rest of the 1099-R and then change your DOB back to the correct DOB. That will not affect the tax return in any way - it is just to get TurboTax to ask the correct question.
You will need to deleted the 1099-R first to reset it.
My question page does not have that specific question. The other six lines are there though. Did I miss something? Also, I did not get a question asking if this 1099-R was related to an RMD. Is this pertinent?
@airedalejohn wrote:
My question page does not have that specific question. The other six lines are there though. Did I miss something? Also, I did not get a question asking if this 1099-R was related to an RMD. Is this pertinent?
The RMD age was changed to 72 by a tax law but the QCD is still 70 /1/2 or older.
Is the IRA/SEP/SIMPLE box checked on your 1099-R? Only IRA's can have a QCD.
Check the personal information section n to be sure your DOB is 1950 for age 71.
Checked my 1099-R. The SEP/IRA box is checked. And my profile has my correct birth date of 1949.
I assume you are using the online version and not the CD/download version installed on your computer which is different.
Delete the 1099-R and re-enter. If you answer the questions the QCD question is there.
Am using the online version. I deleted and reentered this particular 1099-R but will repeat and let you know what happens. TX!
Reentered the 1099-R. Made sure that the IRA/SEP box was checked in turbotax (same as 1099-R form), rechecked my birthdate. Still same result - no question regarding QCD!
Birthday is 11/1949. Age: 71
Box 1 and 2a have same "taxable" amount. But $1,000 of this amount was a QCD = non taxable.
Box 2b: "Taxable amount not determined" is checked on 1099-R and entered on form as such.
Box 4: Has federal income tax amount entered. Entered on TT form.
Box 7: 7 and IRA/SEP/SIMPLE checked. Checked on TT form.
Box 14: Has state tax withheld amount entered. Entered on TT form.
Yet no question regarding RMD or any amount donated as QCD.
Any ideas?
You don't get the 2nd screen shot "Do these situations apply to you" that is right after the continue button on the 1099-R entry screen?
I have that screen but do not have the question if I directed any or all of the RMD to charity. I also did not get a screen asking if this 1099-R amount was an RMD.
Double check the personal information section to be sure there was not a typo on your DOB.
The only three things that can prevent that question is an incorrect DOB, the IRA box not checked, or a box 7 code that is not eligible for QCD's.
Double checked DOB. It is correct - 11/13/1949
Box #7 is checked with "7".
IRA/SEP/SIMPLE box is checked.
Is there anyone at TurboTax you can forward to assist? One of the "experts"?
I have no idea what's going on.
You said you deleted "this particular 1099-R" - is there more than one? Something on a different 1099-R might be blocking it. I would delete ALL 1099-R's and just enter this one by itself.
Nobody in this public forum can actually look at your tax return.
You can call customer support who can request a diagnostic copy of your return to trouble shoot it.
There is no single published number because it changes contently depending on the nature of the call and agent availability. Following the link below will either give a current number for you to call or take your number for a callback.
Here is a TurboTax FAQ for contacting customer support.
https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
Appears there is a programming issue per attachment. Agree?
The March 5th update fixed the 70 1/2 problem in most cases.
@airedalejohn wrote:
Appears there is a programming issue per attachment. Agree?
Yes that appears to be a bug for a person with ta DOB of 7/9/1950 that is 70 1/2. It does not seem to be any problem for a person born in 1949.
I hear you but do you agree that there remains an issue with my return?
I understand that I should be able to make a non-taxable direct Qualified Charitable Distribution based on the information that we have reviewed. Since I have eight 1099-Rs, I have been reluctant to delete all of them and start over. But will try if you think there is a chance it will rectify this issue!
I think I see where the bug is. They are using 71 1/2 as the age and not 70 1/2.
They fixed the original bug on 3/11 but created a new one.
My test screen shots used a DOB of 1/1/1949 and you are 11/1949.
Edit the personal information and and change your DOB to 1948 and you should get the question. Fill out the rest of the 1099-R and then change your DOB back to the correct DOB. That will not affect the tax return in any way - it is just to get TurboTax to ask the correct question.
You will need to deleted the 1099-R first to reset it.
I did this, but when I tried to eFile the return, it keeps bringing me back to the 1099-R QCD line, and won't let me enter the value of the RMD.
This is an IRA that I inherited from my mother who was born in 1921, so I understood that I could donate the RMD based on her age, but TurboTax looks at my age (when I try to eFile)
@RelaxAtHume wrote:
I did this, but when I tried to eFile the return, it keeps bringing me back to the 1099-R QCD line, and won't let me enter the value of the RMD.
This is an IRA that I inherited from my mother who was born in 1921, so I understood that I could donate the RMD based on her age, but TurboTax looks at my age (when I try to eFile)
The deceased age does not matter. Are *you* over age 70 1/2? It is you that must meet the age requirement to make a QCD if you are making the donation.