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To clarify, do you have a 1099 for the annuity and if yes, is the tax not reported in Box 4?
Do you get an Annuity payment every 2 weeks? How are you withholding taxes every 2 weeks? Did you get a 1099R for it? What code is in box 7? Isn’t all the withholding in box 4? This doesn’t sound right.
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HollyP
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HollyP
Employee Tax Expert
HollyP
Employee Tax Expert
HollyP
Employee Tax Expert