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hrz
Returning Member

qualified charitible distribution

I imported my documents from my brokerage showing a withdrawal from my IRA.  ALL of that money went to qualified charitable distributions directly from my brokerage.  However, my turbotax doesn't seem to accept the donation amount, indicating the distribution can't be greater than the withdrawal--which it isn't.  What am I doing wrong

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3 Replies
CatinaT1
Expert Alumni

qualified charitible distribution

You need to be at over 70 1/2 to take the Qualified Charitable Distribution deduction for your withdrawal.  If you are at least 70 1/2, TurboTax will ask whether a portion of your withdrawal was QCD under the Uncommon Situations screen directly after you entered the 1099R information in TurboTax Online.  Is this where you are entering it?

 

If you are, I would delete the 1099-R and re-enter it.

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hrz
Returning Member

qualified charitible distribution

Thank you for your reply.  I was able to solve the problem by typing in the information when I was in the process of checking my return.  It seems like everything either did not import from my brokerage or Turbo Tax does a random check.  I had never encountered that in years of using Turbo Tax and importing information.  Strange.

dmertz
Level 15

qualified charitible distribution

Improper importing of information is not all that uncommon.  Payers don't always format these electronic transfers of information in a way that is compatible with TurboTax.  You must always review what is imported and correct any importing errors.

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