I have an annuity through an insurance company that has been cashed out in full. I have the 1099 R showing the appropriate amounts in box 1, 2a and 16. Also, distribution code 7 and box checked for ira/sep/simple. Over 59 1/2. I entered all data and hit continue. Now I'm on page requesting source of this distribution:
Out of the options listed I can only see 1 that it might be, which is Not Eligible for those over 59 1/2. Is this the right one to select?
Thx