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The taxable amount of the distribution is less than the gross distribution because a portion of the distribution was a nontaxable return of premiums. The amount attributable to a return of premiums will probably be shown in box 5 of the Form 1099-R.
Enter the 1099-R exactly as shown on the printed form. If there's any more info that TurboTax needs, you'll have some follow up questions.
The taxable amount of the distribution is less than the gross distribution because a portion of the distribution was a nontaxable return of premiums. The amount attributable to a return of premiums will probably be shown in box 5 of the Form 1099-R.
Enter the 1099-R exactly as shown on the printed form. If there's any more info that TurboTax needs, you'll have some follow up questions.
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