I have a 1099-R for a non-IRA, non-401K and non-simple IRA income...simply retirement income from an annuity that was purchased from taxed income and TT asks me to complete RMD section (which does not apply to this annuity) and then somewhat warns/scolds me that I will owe 50% tax. This is wrong! How do I enter this income?????? The income of course is from growth on the already taxed money....and with this particular annuity, it is set up as "last in/first out". RMD should NOT apply with this annuity income. Please provide some clarity for me as far as entry so I don't set off any IRS alarms. Thank you
