- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-R distribution
Box 1 : amount of distribution, Box a blank , box 2b taxable amount not determined, box 7 code 7
this money received for cancer from the insurance is taxable or is not taxable
posted
3 weeks ago
last updated
December 16, 2024
1:11 PM
Connect with an expert
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-R distribution
I assume the income was from a cancer insurance policy. If you paid the premiums the amount you received is not taxed. If paid, for example, by an employer, the amount is taxed.
3 weeks ago
Still have questions?
Make a post