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If you are over 70 1/2 (a requirement to make a QCD), the program asks during the IRA portion of the interview whether a portion was a QCD.
Make sure the IRA/SEP/SIMPLE box to the right of Box 7 is checked.
The TT Income Summary just lists the gross numbers, and is only FYI. Look at your actual tax return. Also note that not all states recognize QCD's, so you may still owe State taxes.
If you are over 70 1/2 (a requirement to make a QCD), the program asks during the IRA portion of the interview whether a portion was a QCD.
Make sure the IRA/SEP/SIMPLE box to the right of Box 7 is checked.
The TT Income Summary just lists the gross numbers, and is only FYI. Look at your actual tax return. Also note that not all states recognize QCD's, so you may still owe State taxes.
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