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Retirement tax questions
Perhaps a 1035 exchange. What is the code in box 7 of the Form 1099-R?
All Forms 1099-R are entered under Retirement and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R). The distribution will be included on Form 1040 line 5a/b. It the distribution is nontaxable, the amount will be excluded from the taxable amount on line 5b.
‎August 20, 2023
9:34 AM
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