Why is an insurance annuity distribution on 1099-R, code 7D coming up fully taxable. Box 1 $26,500 and Box 2a is $5264 but the entire $26,500 is coming out taxable???
Why is an insurance annuity distribution on 1099-R, code 7D coming up fully taxable. Box 1 $26,500 and Box 2a is $5264 but the entire $26,500 is coming out taxable???
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.