QCD distributions from IRA/RMD

Question

The statements from my custodian contain the check numbers for my distribution. I've entered the check numbers into the register in Quicken. The numbers don't match up in the Quicken program making reconciling a tedious process. Any suggestins?

Rocket J Squirrel · Answer

It sounds to me that you are not satisfying the QCD requirements. By writing your own check, you are not accomplishing a direct broker-to-charity transfer. Fidelity agrees with Vanguard, emphasis theirs:

Fred6 · Answer

The checks are not special ones.
 The checks have cleared the brokerage.
 The checks are written against the account to the charity and sent to the charity. No other form is used.

Thanks again

Jim_Harman · Answer

Are the checks that you wrote special QCD checks, or are they the same checks that you would use to make other distributions from the account?

Did the charities receive and deposit the checks that you sent?

Make sure you are following the custodian's process for making QCDs. For example at Vanguard, you notify them about QCDs you want to make via an online form and Vanguard mails you a check made out to the charity. You then send that check to the charity along with the charity's contribution form.