Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Meaning, I did not receive any of the RMD money!

posted

Connect with an expert

1 Best answer

Accepted Solutions

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

You need to enter all your 1099-Rs just as they appear on the forms you received. In answering the follow up questions for each, you'll be asked if you made the contribution.

View solution in original post

2 Replies

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

You need to enter all your 1099-Rs just as they appear on the forms you received. In answering the follow up questions for each, you'll be asked if you made the contribution.

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Just be aware that some states do not recognize QCD's, so you may still owe state taxes.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Do you have an Intuit account?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Does my RMD amount have to be added to Withdrawals, since I contributed all of it to charities?

Unlock tailored help options in your account.

Get more help

Related Content