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tpaull
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charitable contribution for RMD from an inherited IRA

I have an inherited IRA, which has a required minimum distribution every year. I gave all of the RMD to a charitable organization, but turbotax does not give me the option of reporting this as a QCD. Perhaps this is because my birthdate is not before the required date, since I have inherited the IRA from a family member who did have a birthday before that date but she has passed away. How do I put in the QCD info?

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charitable contribution for RMD from an inherited IRA

a QCD can be done from an inherited IRA. However, the standard QCD rules apply. Meaning, the current owner of the inherited account must be 70 ½ years old or older to qualify. It is not good enough that the previous owner of the IRA was beyond the QCD age.

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