DianeW777
Expert Alumni

Investing

No, an annuity does not have an RMD. You should not be asked about the age of the plan initiator. I was unable to recreate your scenario and here are some steps as well as tips for entry.

 

The codes in Box 7 should direct TurboTax appropriately.  I would expect a code 7 and code D in which case it will likely all be taxed.  

  1. Search (upper right) > Type 1099r > Click the Jump to... link > Select the 1099-R to be reviewed/edited
  2. Make sure to select 'None of the above' on the screen 'Let us know a little more about this distribution'.
  3. When you go through the questions be sure to select 'No' for IRA, HSA, etc.

Please update here with additional details if you have more questions.

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