1099R

Forum|Forum|6 years ago
March 12, 2020
1 reply
6 views

I entered the information as shown on Form 1099-R and the box 2a has a total of $51000. This amount includes $21000 which went in checks to Charitable Causes and $30000 should be taxed but TurboTax shows that all is not taxed.

1099

Best answer by JamesG1

To report a qualified charitable contribution, the following must occur:

Report an IRA distribution,
Form 1099-R code 7 in box 7, and
Taxpayer must be at least 70 1/2 years old.
Enter the 1099-R and answer questions until you get to the screen Transfer to Charity?
Click on You had part of this distribution transferred to charity.
At the screen How much was sent to charity? enter the amount of the charitable contribution.
Click Continue.

JamesG1Answer

Level 15

To report a qualified charitable contribution, the following must occur:

Report an IRA distribution,
Form 1099-R code 7 in box 7, and
Taxpayer must be at least 70 1/2 years old.
Enter the 1099-R and answer questions until you get to the screen Transfer to Charity?
Click on You had part of this distribution transferred to charity.
At the screen How much was sent to charity? enter the amount of the charitable contribution.
Click Continue.

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