It was a life settlement policy (i.e., life insurance) that I bought in for a share of at $10,000 over 10 years ago and received my share of the maturity which was $15,727 which is reported on the 1099-R only as gross distribution with a code of "7". Trying to figure out if I put in the $5727 on line 3 as Capital Gain (also 2a as Taxable Amount) on the TurboTax input form even though nothing is reported on the 1099-R.
