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New Member
posted Jun 3, 2019 4:56:02 PM

Do I list annuity Fair Market Value on 2018 Income Summary?

Is annuity value considered income? No distributions received.

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1 Replies
New Member
Jun 3, 2019 4:56:04 PM

An increase in value of an investment is not considered income in the absence of a distribution.  If you did not receive a 1099 you had no reportable income.  You can be sure the custodian of your annuity would send you a 1099 for any reportable income.