topic My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off? in Retirement tax questions

My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?

laurenrollens — Tue, 24 Feb 2026 07:06:57 GMT

I did not recieve any money from the insurance company.

Re: My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?

DoninGA — Sun, 20 Aug 2023 15:25:05 GMT

If you did not receive a distribution from the Insurance company, why did you receive a Form 1099-R?

Is there an amount entered in box 1 of the 1099-R?

Re: My 1099-R is for a Whole Life Insurance Policy. Where is my distribution from? In other words, which category do I check off?

dmertz — Sun, 20 Aug 2023 16:34:55 GMT

Perhaps a 1035 exchange. What is the code in box 7 of the Form 1099-R?

All Forms 1099-R are entered under Retirement and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R). The distribution will be included on Form 1040 line 5a/b. It the distribution is nontaxable, the amount will be excluded from the taxable amount on line 5b.