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How is the taxability of an annuity with the tax undetermined(unknown) in box 2a of the 1099?

joe7230
Level 2

There are amounts in box 5 and 9b.  The distribution code is 7.  Since the entire amount was deemed taxable in 2013(I did not prepare this return) can I assume the entire amount is taxable in future years?  What additional information do I need?

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sjrcpa
Level 15

I would assume it is taxable.

The more I know, the more I don't know.

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1 Comment 1
sjrcpa
Level 15

I would assume it is taxable.

The more I know, the more I don't know.
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