Thanks everyone for the responses, now for a quick (?) hypothetical scenario:
Original 1099-R looks like:
Box 1 = 10000
Box 2a = 4000
Box 2b = Total Distribution is checked
Box 6 = 6000
Box 7 = 7
----------------------------------
I need to show Box 2a amount on line 5b of 1040 so break up the original 1099-R into 2 as below
1099-R (1) (This should be the NUA amount which is taxable)
Box 1 = 4000
Box 2a = 4000
Box 2b = Total Distribution is checked
Box 6 = 0
Box 7 = 7
Finalized with the following answers
IRA/SEP/SIMPLE is checked?
No, the box is blank
What kind of retirement plan do you have with Acme Incorporated?
Qualified plan (most common) is checked
Do any of these situations apply to you?
None of these apply is checked
Tell us if you moved the money through a rollover or conversion
I rolled over some or all of it to an IRA or other retirement account within the limits... is checked
Did you roll over all of this $4000 (Box 1) to another retirement account?
I did something else is checked
Annuity information - Periodic payments
No is checked
Do you want to use the special averaging method...
No is checked
----------------------------------------------------
1099-R (2) (This should be for the remainder)
Box 1 = 6000
Box 2a = 0
Box 2b = Total Distribution is checked
Box 6 = 6000
Box 7 = 7
Finalized with the following answers
IRA/SEP/SIMPLE is checked?
No, the box is blank
What kind of retirement plan do you have with Acme Incorporated?
Qualified plan (most common) is checked
Do any of these situations apply to you?
None of these apply is checked
Tell us if you moved the money through a rollover or conversion
I rolled over some or all of it to an IRA or other retirement account within the limits... is checked
Did you roll over all of this $6000 (Box 1) to another retirement account?
Yes, I rolled over $6000 to an IRA or other retirement account... is checked
Sorry for the lengthy reply but trying to get confirmation that I am doing the right thing here.
Thanks again!
