- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, you will have include a value for your annuitized IRA annuity for the question "Enter the value of all your traditional, SEP, and SIMPLE IRAs in 2020".
If the custodians of IRA annuities provides you with a year-end value for the IRA annuity then use that. If not, then value the annuity one of two ways, either at the price of a new annuity that would provide the same terms and payout, or by using the calculation of the present value the annuity for estate tax purposes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 23, 2021
10:46 AM
225 Views