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Where in the Turbo Tax forms do I enter the amount of my Charitable contributions that I took from my RMD?

Where on the TT forms I enter my charitable contributions amt?
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MayaD
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Where in the Turbo Tax forms do I enter the amount of my Charitable contributions that I took from my RMD?

To enter your Qualified Charitable Contribution:

You'll use the 1099-R (even though there's no indication that it was a QCD). Enter the info as a 1099-R and you'll be asked in one of the follow-up questions if it was a Qualified Charitable Distribution.

Where do I enter my 1099-R?

A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than an active SEP or SIMPLE IRA) directly by the trustee to a qualified charitable organization. It satisfies all or part of your required minimum distribution (RMD) for the year. 

What is a Qualified Charitable Distribution?

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3 Replies
MayaD
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Where in the Turbo Tax forms do I enter the amount of my Charitable contributions that I took from my RMD?

To enter your Qualified Charitable Contribution:

You'll use the 1099-R (even though there's no indication that it was a QCD). Enter the info as a 1099-R and you'll be asked in one of the follow-up questions if it was a Qualified Charitable Distribution.

Where do I enter my 1099-R?

A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than an active SEP or SIMPLE IRA) directly by the trustee to a qualified charitable organization. It satisfies all or part of your required minimum distribution (RMD) for the year. 

What is a Qualified Charitable Distribution?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Where in the Turbo Tax forms do I enter the amount of my Charitable contributions that I took from my RMD?

I was not provided with a QCD screen.  I have scrolled through it many times.  Thanks.

Where in the Turbo Tax forms do I enter the amount of my Charitable contributions that I took from my RMD?

I just found the box I needed to check to be sent to the next screen where I could give the information about my Qualified Charitable Distribution.  The 1099-R I received from my IRA provider indicated only that I had taken a distribution from my IRA.  It also stated that the taxable amount was not determined.  So when I entered this 1099-R in Turbo Tax it showed it as a taxable distribution.  The following screen listed about 9 questions about that distribution.  One of them was, "Was any amount of this distribution given to charity?"  That was the box I had originally missed.  Once I clicked on that box, it took me to the screen where I could enter the information about the charitable distribution.  Then the full amount became exempt from taxation.

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