Can I report a deduction from my income for QCD's?

[gurneyd8442]

Why is it that Turbo tax does not APPEAR to offer the option for QCD's which allows seniors to reduce taxable income by making charitable qualified distributions?

[DoninGA · Accepted solution]

If you are age 70 1/2 or older and have a distribution from an IRA you can declare part or all of the distribution as a QCD.  After entering the 1099-R there will be a series of screens, one will ask about QCD.