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Level 1
June 1, 2019
Question

I cashed in some annuities. Where do I put that on the tax forms?

  • June 1, 2019
  • 1 reply
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1 reply

June 1, 2019

You should have received a Form 1099-R from the insurance company or other financial institution for each annuity that was cashed in.

Enter all of the information from each Form 1099-R into the Retirement Plans and Social Security section of TurboTax. Please take care to enter the correct code(s) from Box 7 of each 1099-R.