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Retirement tax questions
A code 4D Form 1099-R would have the taxable amount shown in box 2a unless box 2b Taxable amount not determined is marked. The portion of the distribution that is nontaxable would then be shown in box 5.
It's extremely likely that at least some portion of this distribution is nontaxable, perhaps all of it is nontaxable. If box 2b Taxable amount not determined is marked, you'll need to do research to determine the taxable amount, starting with the insurance company that made this payment to you.
‎February 7, 2020
10:17 AM