ToddL
New Member

Retirement tax questions

If you did not receive a Form 1099-R for the life insurance payment, do not report the payment as a 1099-R on your tax return. 

Life insurance benefits are generally not taxable and no 1099-R is issued.  If you received  payments for a retirement account balance, that should be reported on Form 1099-R and you'll need to include it on your tax return.

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