sos5kids7
New Member

Why is my all of my gross distribution being added to my taxable income instead of my taxable amount from this distribution?

On form 1099R I have $8K on line 5A (Gross Distribution) from an annuity from a deceased parent. On line 5B I have $1200 (Taxable Amount). As I see it, my taxable income should only go up by $1200, not $8K. How do I get my taxable amount only to be added to my total taxable income?