1099-R received from cashing in a life insurance policy. Box 2a is empty so TurboTax is pulling box 1 and saying that amount is taxable. Box 5 shows the amount I had contributed and it is greater than Box 1. So shouldn't this amount in Box 1 be non taxable then? TurboTax does not ask any additional questions to allow me to figure this out. If I manually put zero in Box 2a this should fix the calculation but want to be sure before I do this. I don't want to be audited. Box is checked: taxable amount not determined and total distribution. Box 7 distribution code 7. All other boxes blank.
