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MarilynG1
Expert Alumni

1099-R for Annuity gets error during review

All 1099-R distributions are considered to be 'retirement distributions', even though that doesn't apply in your case.  The income is taxed the same, and if there is is a taxable amount in Box 2a, this will be the taxable amount shown on your return. 

 

Choose 'other qualified plan'. If you have a Code 7 in Box 7, enter this on Line 1, and your other code (if you have one) on Line 2. 

 

If asked for RMD, you can enter $0.  Neither the IRS or TurboTax knows what your RMD should be, or even if you're required to take one. They expect you and/or your plan administrator to handle this. 

 

Here's more info on 1099-R for Pensions, Annuities, Retirement.  

 

@mikej25 

@margecliffman 

@Sjaecee1 

 

 

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1099-R for Annuity gets error during review

Thank you @MarilynG1  🙂   The problem was actually a software glitch- that let many of us in a never ending loop of error messages!  it is fixed now

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