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Get your taxes done using TurboTax
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)
April 1, 2023
5:46 PM