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Get your taxes done using TurboTax
[Edited]
A code-6 Form 1099-R is never permitted to have a taxable amount in box 2a. The insurance company needs to correct the Form 1099-R to show $0 in box 2a.
If there was a loan on the original contract that became a taxable distribution, that would have to be reported as a distribution on a separate Form 1099-R.
March 15, 2022
6:26 AM