Irene2805
Expert Alumni

Retirement tax questions

Just enter the amounts as they appear on your 1099-R.

 

Your 1099-R should have different amounts in boxes 1 (gross distribution) and 2a (taxable amount). Box 2a should be box 1 minus premiums you paid (which are a return of your own money).  It includes any interest earned and may include capital gains.  Any capital gains not already included in box 2a should be shown in box 3.

 

@munnhe76