ZoeyDog
New Member

Get your taxes done using TurboTax

I inherited several annuities this year.  I took the smaller ones as lump sum and withheld taxes.  A larger one, I opted to take the distribution over an extended time (based on my life, but it is not annuitized).  I still received a 1099 R on the entire amount of the annuity - even though it remains at the insurance company as a beneficiary annuity.  I shouldn't be taxed on all the value this year - so how do I show this?