Retirement tax questions


@crfjrtyler wrote:

correct in box 7 there is a code 6


A code 6 is a 1035 exchange.  The taxable amount on the 1099-R (box 2a) should be 0 and the 1040 form line 4c should have the box 1 amount  and 0 on line 4d (the taxable amount).

 

Where do you see the tax?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**