You'll need to sign in or create an account to connect with an expert.
Line 4b is on the 1040 return and it will be zero taxable for a QCD. Enter the 1099R exactly as shown and one if the followup questions will ask if it was a QCD.
Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
Line 4b is on the 1040 return and it will be zero taxable for a QCD. Enter the 1099R exactly as shown and one if the followup questions will ask if it was a QCD.
Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
After you enter the 1099-R, proceed through the interview. It will ask you a series of questions about the IRA distribution. One of the questions will be about "Transfer to Charity?" That's where you begin to enter the information about the QCD.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jman3
Level 3
KCBTax
New Member
latkat63
New Member
Gluhweiner
New Member
lilybliao
Level 1