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My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?
I did not recieve any money from the insurance company.
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posted
August 20, 2023
8:19 AM
last updated
August 20, 2023
8:19 AM


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My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?
If you did not receive a distribution from the Insurance company, why did you receive a Form 1099-R?
Is there an amount entered in box 1 of the 1099-R?
August 20, 2023
8:25 AM
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My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?
Perhaps a 1035 exchange. What is the code in box 7 of the Form 1099-R?
All Forms 1099-R are entered under Retirement and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R). The distribution will be included on Form 1040 line 5a/b. It the distribution is nontaxable, the amount will be excluded from the taxable amount on line 5b.
August 20, 2023
9:34 AM
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