My husband inherited a qualified annuity from an insurance company in 2023. We took it out in full and received a 1099R. I know it is subject to federal taxes, but is it subject to IL income tax? Turbo tax is putting it as non-taxable (lumping it as a pension or IRA distribution), but we think it is taxable. We think we should change the amount to $0 in the step by step question where it takes it as a deduction to income. Any input would be appreciated. Thank you.
