I received a 1099-R from a Life Ins. Co. It has 7D for the distribution code - no IRA/SEP/Simple entry. When I checked my 1040 there is no entry in box 4C . Incl. w/ Div?

3929smith · ‎March 19, 2020

JamesG1 · ‎March 19, 2020

Is there a taxable amount in box 2a? Is the code in box 7 of the 1099-R 4c?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

dmertz · ‎March 19, 2020

Does it show up on Form 1040 line 4d? If the entire amount is taxable it will only appear on line 4d and not on line 4c. However, it's a bit unusual that the entire amount distributed from a nonqualified annuity or an insurance policy (indicated by the code D) would be taxable since these types of products are purchased with after-tax money.

I received a 1099-R from a Life Ins. Co. It has 7D for the distribution code - no IRA/SEP/Simple entry. When I checked my 1040 there is no entry in box 4C . Incl. w/ Div?