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Should I enter the gross $ amount on 1040, line 16a and the taxable amount on line 16B to report an insurance payout?

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Should I enter the gross $ amount on 1040, line 16a and the taxable amount on line 16B to report an insurance payout?

Did you get a 1099R?

if so the taxable amount will appear exactly as you are saying on line 16b.

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