Inherited non qualified annuity

I'm disabled received 1099 R am responsible for tax on earnings portion not initial money was after tax contributions was inherited from deceased mom I have only ssdi that is only 1000$ month so don't file I'm 64 can I file code 3 so I don't pay taxes on the taxable portion I get 400 mo from non qualified annuity

posted

You must enter the Form 1099-R as received. You must not change the code in box 7. (Changing the code to 3 would have no effect on the taxability of this income.) The taxable amount must be included on Form 1040 line 4b (assuming that your taxable income is high enough to be required to file).