dmertz
Level 15

Retirement tax questions

Unless the Form 1099-R has $0 in box 2a and box 2b Taxable amount not determined is unmarked (say, reporting a distribution from a life-insurance policy upon the death of the insured), the distribution is includible in the taxable income of the beneficiary the same as it would have been includible in taxable income of the participant had the participant received the distribution before death.  It is deferred income.