Reply To: Taxable amount on 1099-R does not account for QCD’s

Home Fairmark Forum Retirement Savings and Benefits Taxable amount on 1099-R does not account for QCD’s Reply To: Taxable amount on 1099-R does not account for QCD’s

#5167
dienerte
Participant

That is correct if you are manually preparing a paper return. As I indicated previously, most software programs will ask about a reduction to the taxable amount for a QCD and make the appropriate annotation somewhere on the return that a QCD was made. Its placement can vary based on the program. Tom D.