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