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6—Section 1035 exchange (a tax-free exchange of life insurance, annuity, qualified long-term care insurance, or endowment contract. this is all that's needed code 6 in box 7

so you shouldn't be taxed but that requires line 2a of the 1099R to show zero or be blank

the amount will appear on 5a but not 5b (the taxable amount) 

 

 

 

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