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Level 1
March 7, 2024
Question

Insurance proceeds

  • March 7, 2024
  • 2 replies
  • 5 views

I have Form OMB# 1545*0119 stating: gross distribution, taxable amount, tax withheld and a distribution code of 7D.  Where do I enter this?  

    2 replies

    SteamTrain
    Level 15
    March 7, 2024

    and when you enter the code, it is actually two separate codes

    a 7

    and a D

    on two separate lines for box 7

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*