JillS56
Expert Alumni

Get your taxes done using TurboTax

Please clarify what you mean by inherited life insurance.   Were you the beneficiary of the life insurance proceeds?    Also, clarify what the 1099-R forms represent.  Did you inherit these 1099-Rs?    What is the Code Number in Box 7?    

 

This information will help me give you the correct answer/treatment of both the life insurance and 1099-Rs.