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February 7, 2025
Solved

Will I get QCD credit on line 4a?

  • February 7, 2025
  • 1 reply
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You did not answer my question. I cannot find any place where I got credit for a QCD
    Best answer by VolvoGirl

     If you made a QCD it will show up on 1040 line 4a and 0 taxable on 4b with the QCD by it.  You get credit for it because it is not taxable.  You only enter it from the 1099R, nowhere else.  You can't take a deduction for it because it's not included in your taxable income in the first place.  

    1 reply

    VolvoGirl
    VolvoGirlAnswer
    Employee
    February 7, 2025

     If you made a QCD it will show up on 1040 line 4a and 0 taxable on 4b with the QCD by it.  You get credit for it because it is not taxable.  You only enter it from the 1099R, nowhere else.  You can't take a deduction for it because it's not included in your taxable income in the first place.