rk911
Thinks s/he gets paid by the post
We keep, IMO, immaculate records. So far, we haven't had to put that to the test.rk911 raises an interesting point.
If your tIRA custodian writes the checks for your charitable contributions, then yes, your 1099-R could show taxable amount less than total amount withdrawn.
But more commonly, the custodian doesn't know or want to take responsibility for determining if the check from your tIRA went to a qualified charity, as in my previous example of possibly using a tIRA check to pay my property taxes.
So in that case, it's up to the taxpayer to maintain proper records to determine the taxable amount of IRA distributions for 1040 line 4a and 4b...
But it appears we are fortunate in that our tIRA custodian mails the QCD checks for us. We supply our advisor with the name, address, tax id number and contact name at the charity along with the amount to be donated and the custodian does the rest. This past year my wife's QCD was split among five different charities and my QCD was split between three different charities. Our custodian sent out 8-checks...no charge. Of course we receive acknowledgement letters from each charity, 1099-Rs showing the withdrawal and the taxable income as well as documentation for each QCD from the custodian. In both case our QCDs exceeded the RMD due.