403bs, IRAs, RMDs, and Qualified Charitable Distributions

[rlweissjr]

Thank you very much for this workaround. It did, indeed, work.

[CS1948]

How do I report qualified charitable distributions from my IRA on Turbo Tax?

[MarilynG1]

To report a qualified charitable distribution on your Form 1040 tax return, you'll use the 1099-R (even though there's no indication that it was a QCD). 

Here's How to Enter 1099-R.

Enter the info as a 1099-R and you'll be asked in one of the follow-up question if it was a Qualified Charitable Distribution.

Click this link for more info on Qualified Charitable Distributions.

[DENHAM815TT]

Where do show RMD's in Turbo Tax? I have 2 RMD's, Fidelity and T. Rowe Price.

[VolvoGirl]

You should have a 1099R for each one.  Just enter the 1099R.

The easiest way to get to the 1099-R entry screen is to simply search for 1099-R (upper- or lower-case, with or without the dash) in your TurboTax program and then click the "Jump to" link in the search results.

Enter a 1099R under

Federal Taxes Tab or Personal (Home & Business)

Wages & Income at the top

Then scroll way down to Retirement Plans and Social Security,

Then IRA, 401(k), Pension Plans (1099R) - click Start or Revisit

There are 4 boxes.  Be sure to pick the right box for the kind of 1099R you got.

If you are filing a Joint return be sure to pick which person it is for.

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself