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tavel53
New Member

how do you record the money sent to a charitable organization directly from an RMD?

 
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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

how do you record the money sent to a charitable organization directly from an RMD?

If you are age 70 1/2 or older, the box is checked for IRA/SEP/SIPLE and box 7 has a code 7 entered, then after the Form 1099-R has been entered you will have several screen asking a variety of questions.

On the screen Do any of these situations apply to you? check the box I transferred all or part of this money directly to charity

 
 

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1 Reply
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

how do you record the money sent to a charitable organization directly from an RMD?

If you are age 70 1/2 or older, the box is checked for IRA/SEP/SIPLE and box 7 has a code 7 entered, then after the Form 1099-R has been entered you will have several screen asking a variety of questions.

On the screen Do any of these situations apply to you? check the box I transferred all or part of this money directly to charity

 
 

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