topic Qualified Charitable Distributions in Retirement tax questions

Qualified Charitable Distributions

keith1m — Sat, 15 Feb 2020 16:32:04 GMT

I am over 70 1/2 years old.

If I make a QCD from my IRA by writing a check from that (Schwab) account to qualified charity can Turbo Tax reduce the taxable amount or must the check be sent by the trustee?

Re: Qualified Charitable Distributions

DavidS127 — Sat, 15 Feb 2020 17:05:43 GMT

It depends on whether the check from you account is considered "made by the IRA trustee". Check with your IRA trustee to be sure about the rules for your particular checking account arrangement.