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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). Enter the info as a 1099-R and you'll be asked in one of the follow-up questions if it was a Qualified Charitable Distribution.
TurboTax includes the full amount of the distribution reported on your Form 1099-R on line 4a (IRA Distributions) of your Form 1040 or 1040-SR. The taxable amount reported on Line 4b will be the total distribution less the QCD amount and will have "QCD" entered next to it.
I am not being asked the follow up question if any of the didtribution was a QCD. What do I now do?
@rbslade1 If you are age 70 1/2 or older and the distribution reported on the Form 1099-R is from an IRA, then after completing entry of the 1099-R you will go through a series of screens asking various questions.
On the screen Do any of these situations apply to you? check the box labeled I transferred all or part of this money directly to charity and continue.
After you enter your 1099-R, TurboTax will ask you a series of questions regarding your distribution.
You will get a screen that tells you the amount of your retirement distribution that is designated as a nontaxable Qualified Charitable Distribution (QCD).
Refer to the TurboTax Help article Where do I enter my 1099-R? for navigation instructions.
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