topic Re: How do I hand QCD from a minimum distribution on tax forms? in Retirement tax questions

How do I hand QCD from a minimum distribution on tax forms?

Buldir — Mon, 09 Mar 2026 05:13:10 GMT

How do I handle QCD from MRD in Turbo Tax?

Re: How do I hand QCD from a minimum distribution on tax forms?

rjs — Wed, 23 Feb 2022 00:49:03 GMT

Just enter the 1099-R for the IRA distribution into TurboTax, as it appears on the 1099-R form that you received. After you enter it and 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 asks you whether you transferred part or all of the distribution to charity. If you transferred part of it, it will give you place to enter the amount.

Re: How do I hand QCD from a minimum distribution on tax forms?

SweetieJean — Wed, 23 Feb 2022 05:43:16 GMT

Just be aware that some states do not recognize QCD's, so you may owe State taxes on the distribution.

Re: How do I hand QCD from a minimum distribution on tax forms?

Buldir — Wed, 23 Feb 2022 05:52:31 GMT

thanks

Re: How do I hand QCD from a minimum distribution on tax forms?

Buldir — Wed, 23 Feb 2022 05:52:59 GMT

thank you so much. This worked.