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Reporting distributions from an inherited annuity that has a cost basis
I input my 1099-R distribution from an inherited Non Qualified Annuity and checked the Non Qualified Annuity box. However the following TT questions appear to refer to IRAs and RMDs. Although I have to take $ out each year, I don't believe my distribution is a RMD. Also, unlike 2023, there doesn't appear to be a place to input my cost basis. Am I imputing my annuity in the wrong way?? Many thanks for all your help!!
March 5, 2025
12:40 PM