I am using TurboTax but have run into an issue that appears to be a glitch in their software.
On the federal taxes form 1099-R from Fidelity was imported with the distribution from my IRA. The entirety of this amount was donated using QCDs. All requirements are met and the 1099-R has the box on 2b checked which states that the taxable amount is not determined.
But TurboTax lists the amount as taxable even after I have made clear that it was donated as QCDs.
I have tried several times to edit to no avail. Apparently many others are having the same problem.
Is there a work around for this? I see only two options but don't like either: delete that 1099-R totally or pay the taxes on that amount and hope for a refund. Any advice/suggestions are appreciated.
On the federal taxes form 1099-R from Fidelity was imported with the distribution from my IRA. The entirety of this amount was donated using QCDs. All requirements are met and the 1099-R has the box on 2b checked which states that the taxable amount is not determined.
But TurboTax lists the amount as taxable even after I have made clear that it was donated as QCDs.
I have tried several times to edit to no avail. Apparently many others are having the same problem.
Is there a work around for this? I see only two options but don't like either: delete that 1099-R totally or pay the taxes on that amount and hope for a refund. Any advice/suggestions are appreciated.