turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

When entering the QCD for a RMD on the 1099-R Interview form, do you need to list the individual items that make up the total or just enter the total QCD amount?

I used the Provide Supporting Detail for the QCD line item to list the individual contributions but it does not fully list the name / address of the charity

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Ashby
New Member

When entering the QCD for a RMD on the 1099-R Interview form, do you need to list the individual items that make up the total or just enter the total QCD amount?

Assuming this was a direct transfer from the retirement plan administrator, you need only enter the QCD amount.

View solution in original post

2 Replies
Ashby
New Member

When entering the QCD for a RMD on the 1099-R Interview form, do you need to list the individual items that make up the total or just enter the total QCD amount?

Assuming this was a direct transfer from the retirement plan administrator, you need only enter the QCD amount.

When entering the QCD for a RMD on the 1099-R Interview form, do you need to list the individual items that make up the total or just enter the total QCD amount?

The only indication of a QCD on your tax return will be the total distribution amount on line 4a on the 1040 form and the taxable amount (the total distribution minus the QCD amount) on line 4b with "QCD" written next to it.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question