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Bananalady
Level 1

Inputted info from 1099 R for life insurance payout. charging total vs taxable to income. why?

 
posted
‎February 23, 2021 8:51 AM
last updated ‎February 23, 2021 8:51 AM
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ColeenD3
Expert Alumni
Expert Alumni

Inputted info from 1099 R for life insurance payout. charging total vs taxable to income. why?

Do you have different amounts in Boxes 1 and 2? Are you actually looking at your 1040 Form to see what is being taxed? 

 

To view your return follow these steps:

  • Go to My Account
  • Tools
  • View Tax Summary
  • Preview my 1040

View solution in original post

‎February 23, 2021 12:43 PM
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1 Reply
ColeenD3
Expert Alumni
Expert Alumni

Inputted info from 1099 R for life insurance payout. charging total vs taxable to income. why?

Do you have different amounts in Boxes 1 and 2? Are you actually looking at your 1040 Form to see what is being taxed? 

 

To view your return follow these steps:

  • Go to My Account
  • Tools
  • View Tax Summary
  • Preview my 1040
‎February 23, 2021 12:43 PM
189
Reply
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