Took early withdrawal from non qualified annuity paid service fee also paid 10% early withdrawal and any taxes on the earnings the withdrawal was 52000 I net 42000 after fees and taxes
My 1099 is wrong reported to my financial institute they said will correct
Without corrected form how do I do my taxes
The 1099 is as follow
Box 1 gross 42000
Box 2a blank
Box 2b checked tax not determined
Box 7 codes D and 1
When I enter info into turbo tax I getting hit with taxes plus 10% fee again thanks
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wait for the corrected form.
You should get it by April 15.
OR
file a request for extension.
Thanks
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