New 1099-R Coding for QCD's

[Lion]

QCDs apply to IRAs only. I your client gives from his mutual fund, then it could be a Schedule A deduction.

[Rapid Robert]

Perhaps your could clarify your question. What do you mean by a "manual QCD adjustment"? Where in the form instructions can I see which items on Form 1040 are "manual" or "automatic"?

The 1099-R already has a distribution code for QCDs. I don't think mutual funds have the option to use some other info form for reporting.

If a traditional IRA distribution is not a trustee-to-trustee rollover/Roth conversion, and it is also not payable to the IRA owner, then what else could it be beside a QCD?

[RWG1950]

Will a manual QCD adjustment on the 1040 still be available for 2026 returns - as with prior years ?
For new QCD's, the mutual funds I deal with now require their own dedicated form to be used to accommodate the code "Y" on the 1099-R.
But I also have customers that had begun a monthly gifting amount several years earlier that continue & was wondering how these will be handled.
As recent as March, a phone service rep of a certain mutual fund, told me they were still using their regular IRA distribution form for QCD's.