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Level 6
March 12, 2025
Solved

Charitable contrib from 1099-R

  • March 12, 2025
  • 1 reply
  • 14 views

On input screen, should the RMD box be marked when the RMD was all contributed to a charitable (qualifying) organization?

This topic has been closed for replies.
Best answer by sjrcpa

As long as QCD appears in the margin, that's all you'll see on the actual 1040.

What is the letter asking for? 


Every year 2 or 3 of my clients who made QCDs get letters about incorrect taxable IRA amounts. I respond with QCD explanation and documentation.

1 reply

Just-Lisa-Now-
Intuit Community Champion
March 12, 2025

it doesnt matter, "RMD" doesnt appear on the actual 1040 anywhere.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 6
March 12, 2025

Thanks,

Thought it might.  Client got a letter from IRS something to the effect that her return might be in error

since taxable amount not matching 1099 report.  The return did show in the margin  "QCD."

Just-Lisa-Now-
Intuit Community Champion
March 12, 2025

As long as QCD appears in the margin, that's all you'll see on the actual 1040.

What is the letter asking for? 

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪