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Index/Topics/Qualified Charitable Distributions (QCDs) Reporting

Qualified Charitable Distributions (QCDs) Reporting

Historically, custodians reported QCDs as normal or death distributions, and taxpayers had to exclude qualifying amounts on Form 1040, but Code Y allows custodians to flag known QCDs directly.

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Jan 27, 2026
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How did the 2025 IRS reporting changes (Form 1099‑R Code Y) alter QCD tax filings and errors?

The introduced a dedicated on Form 1099‑R to identify Qualified Charitable Distributions () beginning for distributions made on or after January 1, 2025, a move intended to reduce taxpayer and prepare...