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Retirement tax questions
Code 6 reports a 1035 exchange of one nonqualified annuity or insurance policy to another, not a rollover. It is reportable income, but not taxable income. This Form 1099-R should have a zero in box 2a and TurboTax will exclude this distribution from taxable income on Form 1040 line 4b.
‎June 6, 2019
12:11 AM