The information displayed on IRS Form 1099-R Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans is reported to the IRS.
The IRS is expecting you to report this information on your IRS Form 1040.
Generally, an amount in box 2a will increase your taxable income.
An amount in box 4, box 14 or box 17 will reduce the balance of Federal and state income taxes owed.
However, the variety of distribution codes that may be found in box 7 can affect your tax return in many ways.
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