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

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

trbld
New Member

Where do I enter direct contributions from IRA to charity?

I have a QCD.  Where do i enter it
Connect with an expert
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 Reply
rjs
Level 15
Level 15

Where do I enter direct contributions from IRA to charity?

First enter your 1099-R in TurboTax the same as you would if you did not have a QCD. After you enter the 1099-R proceed through the interview. It will ask you a series of questions about the IRA distribution. If the 1099-R has distribution code 7 or 4 in box 7, the IRA/SEP/SIMPLE box is checked on the 1099-R, and you are over 70½ years old, you will come to a screen that says "Transfer to Charity?" On that screen you can indicate whether the entire distribution or only part of it was paid to the charity. If it was part, it will then ask you how much. These screens don't say "QCD," but that's what they're about. After you enter all the information you will get a screen that tells you it's a QCD.

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies