Solved: Do i have to pay tax on cashing an annuity pension fund?

Do i have to pay tax on cashing an annuity pension fund?

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Yes, you will pay taxes on any gains to your annuity and maybe a 10% tax penalty if you cashed it out early.

Please read this TurboTax FAQ for information on "Where do I enter my 1099-R?": Where do I enter my 1099-R?

Yes, you will pay taxes on any gains to your annuity and maybe a 10% tax penalty if you cashed it out early.

Please read this TurboTax FAQ for information on "Where do I enter my 1099-R?": Where do I enter my 1099-R?

Do i have to pay tax on cashing an annuity pension fund?