dmertz
Level 15

Retirement tax questions

Yes.  You'll receive a Form 1099-R for the distributions from the 403(b).  Both of these distributions will likely be combined on a single From 1099-R unless the 403(b) was directly rolled over to another qualified retirement account such as an IRA in which the annuity was purchased.  If the was not purchased within another qualified retirement account, the distribution was not rolled over and would be taxable.  If the money was moved to another qualified retirement account (IRA) and the annuity was purchased within that account, then report that portion as having been rolled over.