Thank you. This is very helpful and indeed a possible path.
However, given that this is not a pension plan or annuity per se - but rather a long-term savings plan - my initial concerns with creating a dummy 1099-R were: 1) Since this is not a rollover plan, it may raise questions as to why the distribution is not taxable (though we do have the support and documentation in Polish language), and 2) reporting the gross amount may be misleading, given that 30% of the distribution was transferred to the public "Social Insurance Institution" (early withdrawal penalty), and another percentage was transferred to the "public labor fund" for the same reason. So, the actual net distribution is significantly lower than the "gross" shown in the Polish PPK statement (not sure which should be reported given these nuances).
Based on the above, I was wondering if - as an alternative to reporting this gain as "annuities" - it would be appropriate from a tax perspective to report the capital gains as either "other earned income" (line 1h in 1040) or as "capital gain" (line 7), effectively treating the capital gain as we would do with a mutual fund. I recognize there is no clear guidelines here, so appreciate any further insights here.
Thank you!
