Vanessa A
Employee Tax Expert

Get your taxes done using TurboTax

What type of plan is it?  How did you get it or contribute to it?

 

Being reported on a 1099-R, taking it as an annuity and the size of it does not make it qualified or unqualified.  To be considered a qualified plan, it must meet certain IRC standards.  If it does, that makes it a qualified plan.  If it does not, then it would not be a qualified plan.  See this link to determine if your plan meets the criteria to be a qualified plan or not. 

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