RMD & QCD

[MK481]

RMD - $76,000

QCD - $10,000

1099R - $66,000

I input the above amounts in the requested fields in Turbo Tax but I am getting an error message saying that I am $10,000 short on my RMD and getting hit with a penalty. 

[VolvoGirl]

What line is the 66,000 on in the 1099R?   Line 1 should be the full 76,000.   And probably line 2a also.  

[MK481]

Both are $66,000, appears I need to contact Schwab. Thanks!

[VolvoGirl]

Did you get a separate 1099R for the QCD?  

[MK481]

I did not receive a separate 1099R for the QCD. I had a incorrect RMD amount, it was actually $66,000,0 not $76,000. Thanks to your help I was able to get this sorted out. Thanks again.