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1099-R for Husband and Wife
My wife and I invested into a Single Premium Deferred Annuity from non-qualified funds over a year ago. The annuity is for three years and we are receiving interest earned each year so it is necessary to include the income into this years returned. We received a 1099-R with 7D as the Distribution code but when I enter into Turbo Tax, it asks if the 1099-R is for me or my wife, there is no option to state both when in fact the funds we utilized are non IRA so why does Turbo Tax not have the option to designate as Both.
Thank-You
‎February 25, 2022
1:42 PM