When Entering RMD 1099-R for 2018 QCD – Works OK on Fed, No Impact on NJ Return I entered the 1099-R for the RMD, and was prompted with questions regarding money disposition. Question asked and Answered YES about contributing to a Charity. IRA/SEP.SIMPLE box was checked on Traditional IRA 1099-R. Worked fine on Federal, using 7 Normal Distribution. $$$ in Boxes 1 and 2a.Qualified Charitable Distribution (QCD) did NOT carry through to New Jersey State return using two different methods, based on my Turbo Tax “FIND”:Failed using 7 Normal DistributionFailed using “F” Charitable Gift Annuity. TurboTax Message: Doesn’t usually apply to IRAs.QCD should impact NJ Return. Right? ... Especially when it drives Gross Income down to <$100k which then kicks in a $60k exclusion ( in 2018). Is there a tested work-around to correct this issue, or something else that I need to do?

Question

RMD 1099-R for QCD –No results on NJ 2018 Return

Forum|Forum|6 years ago
August 28, 2019
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When Entering RMD 1099-R for 2018 QCD – Works OK on Fed, No Impact on NJ Return

I entered the 1099-R for the RMD, and was prompted with questions regarding money disposition. Question asked and Answered YES about contributing to a Charity. IRA/SEP.SIMPLE box was checked on Traditional IRA 1099-R.

Worked fine on Federal, using 7 Normal Distribution. $$$ in Boxes 1 and 2a.
Qualified Charitable Distribution (QCD) did NOT carry through to New Jersey State return using two different methods, based on my Turbo Tax “FIND”:
- Failed using 7 Normal Distribution
- Failed using “F” Charitable Gift Annuity. TurboTax Message: Doesn’t usually apply to IRAs.

QCD should impact NJ Return. Right? ... Especially when it drives Gross Income down to <$100k which then kicks in a $60k exclusion ( in 2018).

Is there a tested work-around to correct this issue, or something else that I need to do?

TurboTax Deluxe Windows

rjs

Employee

A QCD does not affect the New Jersey tax return. New Jersey does not allow a deduction for a QCD. (For that matter, New Jersey does not allow any deduction for charitable contributions.)

TurboTax is working correctly. There is nothing to fix or to work around.