I called Prudential and they said they won't give me a 1099-R, but I have to report a $155 taxable gain from the cash surrendered policy.
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Enter it as "Other Income"
Sign into your account, your return, and click "Pick up where I left off
Click Federal
Click Wages & Income
Get to All Income and scroll down to Less Common Income and click Show more
Scroll down to Miscellaneous Income, 1099-A, 1099-C and click Start
Scroll down to Other reportable income and click Start
Type surrender proceeds into the description box and enter the amount
Click Done
Enter it as "Other Income"
Sign into your account, your return, and click "Pick up where I left off
Click Federal
Click Wages & Income
Get to All Income and scroll down to Less Common Income and click Show more
Scroll down to Miscellaneous Income, 1099-A, 1099-C and click Start
Scroll down to Other reportable income and click Start
Type surrender proceeds into the description box and enter the amount
Click Done
The amount I enter is the surrender value minus the Premiums. Right!
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