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null457
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I did not take a Roth distribution since this is an annuity and I just have to pay for the amount of taxable income. I Why do I have to pay gross amount?

 
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I did not take a Roth distribution since this is an annuity and I just have to pay for the amount of taxable income. I Why do I have to pay gross amount?

The taxable amount should be in box 2a.    If blank and box 2b (not determined) is checked then usually the box 1 amount will be the taxable amount unless you have after tax money in the annuity and the general method is used to determine the taxable amount (assuming that this is a non-qualified annuity  with a code D in box 7)

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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