banksfam
New Member

Can I enter a value for my contributions in Block 5 of 1099-R if its left blank

I took a distribution from the annuity and my contributions were post tax and I just want to pay taxes on the taxable amount
ColeenD3
Expert Alumni

Retirement tax questions

It is a better idea to get a corrected 1099-R. The information you provide must match the form. The IRS will scrutinize your return looking for discrepancies.

dmertz
Level 15

Retirement tax questions

Was the entire annuity surrendered?

Is box 2b Taxable amount not determined marked on the Form 1099-R?

Is a taxable amount shown in box 2a that is different from the amount in box 1?