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Joh1nna5
Returning Member

Insurance proceeds

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

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2 Replies

Insurance proceeds

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.*
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