I have a 1099-R for an IRA that has line 1 and line 2a the same amount and 2b checked for Taxable amount not determined. I used a direct IRA to 501c3 transfer for all the funds in line 1 which the IRS allows as non-taxable Qualified Chartable Deduction (QCD).
Is there a way to modify the 1040 line 4c to show QCD or do I have to file a paper copy to check line 4c for QCD?
You'll need to sign in or create an account to connect with an expert.
As long as you qualify to make the Qualified Charitable Deduction and transfer your retirement plan distribution directly to a qualified charity, then you should see a follow-up question asking about this transfer after you have entered the Form 1099-R reporting the distribution.
You should not need to file a paper return to make this designation. TurboTax can handle this for you.
Take a look at the following TurboTax help article to learn more:
What is a Qualified Charitable Distribution?
As long as you qualify to make the Qualified Charitable Deduction and transfer your retirement plan distribution directly to a qualified charity, then you should see a follow-up question asking about this transfer after you have entered the Form 1099-R reporting the distribution.
You should not need to file a paper return to make this designation. TurboTax can handle this for you.
Take a look at the following TurboTax help article to learn more:
What is a Qualified Charitable Distribution?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
sciemom
Returning Member
indrani_sinha
New Member
sciemom
Returning Member
MJ_74
Level 2
user17761061042
New Member