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New Member
posted Feb 7, 2021 5:37:43 AM

Can I enter a value for my contributions in Block 5 of 1099-R if its left blank

I took a distribution from the annuity and my contributions were post tax and I just want to pay taxes on the taxable amount

0 2 547
2 Replies
Expert Alumni
Feb 7, 2021 8:15:10 AM

It is a better idea to get a corrected 1099-R. The information you provide must match the form. The IRS will scrutinize your return looking for discrepancies.

Level 15
Feb 7, 2021 9:56:17 AM

Was the entire annuity surrendered?

Is box 2b Taxable amount not determined marked on the Form 1099-R?

Is a taxable amount shown in box 2a that is different from the amount in box 1?