Life insurance cash out. on 1099R, the taxable amount is listed as 5503.46, but turbo tax shows the gross distribution amount of 10624.96 as income. Why?
I did not get a 1099R for a life insurance surrender. I need to add the total distribution (5a) and total taxable amount (5b) in Turbo Tax but am not sure where to add.
Under employee contributions on my 1099R it has nothing but I pay every month fir my health insurance through my retirement plan should I put it in there?