topic Re: Non-qualified distribution code in Get your taxes done using TurboTax

Non-qualified distribution code

gary0918 — Tue, 23 Mar 2021 14:57:50 GMT

My non-qualified annuity is coded as a 7D distribution and should be taxable in PA. But TurboTax says it is not taxable. How do I correct this?

Re: Non-qualified distribution code

macuser_22 — Tue, 23 Mar 2021 15:19:05 GMT

The taxable amount should be in box 2a.

Re: Non-qualified distribution code

DMarkM1 — Tue, 23 Mar 2021 15:28:45 GMT

In your PA state interview you will arrive at a page titled, "What kind of retirement income do you have from PA?" In the dropdown box select "Insurance and endowment". Continue through the interview. Later in the interview you will be asked to confirm the amount of the taxable commercial annuity.