Question

Where do I report my Qualified Charitable Contributions and related IRS tax with-holdings?

Forum|Forum|3 years ago
April 4, 2023
1 reply
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I have spent hours trying to find the dialog box where these entries belong.

TurboTax Premier Online

Employee

To enter charitable donations -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Charitable Donations
On Donations to Charity in 2022, click on the start or update button

Or enter charitable donation in the Search box located in the upper right of the online program screen. Click on Jump to charitable donation

You will need to clarify what you mean by "related IRS tax with-holdings"

T

TWRinCO

The response from DoninGA doesn't seem to reflect the Qualified Charitable Donations made from a retirement account (it may be part of the RMD). My understanding is that the QCD is an eligible deduction, even when the taxpayer is using the Standard Deduction. It doesn't seem to be addressed or handled in TurboTax.

Thanks, in advance, for the help.

SteamTrain

Employee

@TWRinCO

That QCD designation, has to be part of the follow-up questions where you entered your 1099-R form in the Federal section.

______

And a QCD can only be designated for an actual IRA...not some other 1099-R form.

Edit the 1099-R in question,

...make sure it was from an actual IRA

......make sure the "IRA/SEP/SIMPLE" box is checked (not box 7, but near box 7).

........answer the questions after the main form page...indicating it was an RMD...and all of it was an RMD.

............then on another page, you need to select whether you had some, or all of the RMD, transferred to charity.

.................if you checked that only some of the year's RMD distribution was transferred to charity, you will then get a box to indicate how much was transferred for the QCD designated $$.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*