A 1099-R shows $0 in 2a, taxable amount, and codes 4D in box 7. It's an annuity payout to my spouse due to mother's death in 2023. Code D mentions sec 1411. Taxable?

posted

Connect with an expert

1 Best answer

Accepted Solutions

The $0 in box 2a without box 2b Taxable amount not determined being marked indicates that this income is nontaxable.

1 Reply

The $0 in box 2a without box 2b Taxable amount not determined being marked indicates that this income is nontaxable.

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.