Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jun 1, 2019 9:37:56 AM

Took a lump sum payment from a non-qualified annuity in 2017. The 1099-R shows correct values in box 1 and 2a. Is box 5 required in this case? Mine is blank.

0 1 543
1 Best answer
New Member
Jun 1, 2019 9:37:58 AM

As long as the amounts in Boxes 1 or 2a are correct, you don't need to have an entry in Box 5. 

1 Replies
New Member
Jun 1, 2019 9:37:58 AM

As long as the amounts in Boxes 1 or 2a are correct, you don't need to have an entry in Box 5.