BobC01
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I retired in 2009, using the same entries you stated, but receiving the distribution prior to 2025. Why are all the questions about Annuity start date, plan cos...
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Is one or the other method more likely to trigger an audit, and do i need to explain the method i used in the tax return?
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Follow-up question, which method to submit taxes to the IRS is best: complete the K-1 sales section to generate the appropriate capital gain on Form 8949 (Box F...
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Thanks for your reply. Just so I understand it correctly, from the Sales Schedule, I have a Cost basis of $3916, Gain Subject to Recapture as Ordinary Income of...
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