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Index/Topics/Tax Year 2025 Distributions

Tax Year 2025 Distributions

Distributions for the tax year 2025 and the requirement for custodians to include Code Y in Box 7 of Form 1099-R for QCDs.

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Jan 16, 2026
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How should taxpayers document a QCD when the custodian issues a check to the IRA owner rather than directly to the charity?

When an IRA custodian issues a distribution check payable to the IRA owner instead of directly to the charity, taxpayers must assemble documentary evidence to show both that the IRA distribution occur...

Jan 19, 2026

What steps can a taxpayer take to get a corrected 1099‑R (or Code Y) if their QCD was misreported?

When a qualified charitable distribution (QCD) is misreported as taxable on Form 1099‑R, the taxpayer’s immediate lever is to gather proof and press the IRA custodian for a corrected 1099‑R; if that f...