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sirie
New Member

1099-R Annuity Percentage Question

I'm completing my 1099-R section and it keeps asking for a percentage in block 9a of my percentage of total distribution?  I am assuming the answer is 80% as 20% was held for taxes...is this correct?

 

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1 Reply
PaulaM
Expert Alumni

1099-R Annuity Percentage Question

The instructions for Form 1099-R say: 


If this is a total distribution and it is made to more than one person, enter the percentage received by the person whose name appears on Form 1099-R.  You need not complete this box for any IRA distributions or for a direct rollover.

 

So if you are the only recipient of the 1099-R distribution, then you would enter 100%

Instructions Form 1099-R

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