Non-qualified annuity

[azsportfan]

I've included details on my question for you.

There may be a need for clarification. 

1. Nationwide is a variable index annuity.
2. Nationwide variable index annuity is from non-qualified money (post-tax dollars).
3. Growth is based on the investment index in the stock market.
4. There was no growth/profit in the investment index Nationwide invested in.
5. Therefore, I had no growth.
6. I lost $4,804.44 which Nationwide categorized as surrender charges. 

Nationwide	Date	Amount	Taxes
Purchased	4/23/21	$50,000.00	$0.00
Withdrawal	7/12/22	-$3,500.00	Non-Taxable Principle
Withdrawal	6/27/24	-$3,255.00	Non-Taxable Principle
	Sub-total	$43,245.00
Surrender charge		-$4,804.44
The net amount received on 9/12/24	was $38,440.56
Net lost	$4,804.44

Is the $4,804.44 deductible as an investment lost?

If it is deductible, where does it get entered in Turbo-tax?

[MaryK4]

The loss is currently not deductible as a Miscellaneous Itemized deduction on Schedule A because the deduction is suspended for tax years 2018 to 2025 under the Tax Cuts and Jobs Act.  

See Lump-sum distribution Losses.