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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.**
‎June 27, 2020
8:49 AM