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Non qualified annuity withdrawal
I have annuity 3 years old I put after tax 100000 do to a situation I had to withdraw half 50000 after surrender fee and other fees 10% early withdrawal I net 420000 I got 1099r why am I paying tax on this money when I put in after tax
Box 1 42000
Box 2a taxable is blank
Box 2b is checked tax not determined
‎February 2, 2024
6:08 PM