Why does my Annunity distribution (which I paid tax on) post as IRA distribution on my return? Is this an error? How does this impact my return?

[SabrinaD2]

It sounds like there may be a concern about how your annuity distribution is being reported on your tax return. 

Here are some steps you can take:

1. Your annuity distribution might be incorrectly reported as an IRA distribution due to an error on your Form 1099-R, specifically if the IRA/SEP/SIMPLE box was checked by mistake
   1. If the IRA/SEP/SIMPLE box is mistakenly checked on your Form 1099-R, it can cause your annuity distribution to be reported as an IRA distribution. 
2. If misclassified, it may not affect the taxable amount if the distribution is fully taxable. However, it could cause confusion and potentially trigger IRS inquiries if reported on the wrong line of your tax return
3. Review your Form 1099-R and contact the issuer if you find an error. You may need a corrected form. 

For more information, you can visit these IRS links:

• Correct Your Retirement Plan Errors
• Pensions and Annuities