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March 26, 2020
Question

(1) What is included in Dividends on 1099-DIV? (2) I withdrew funds from one annuity and deposited them in another by a 1035 exchange. Why is this amount shown as income?

  • March 26, 2020
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1 reply

March 26, 2020

Click this link for detailed info on 1099-DIV.

 

If you withdrew funds from an annuity and rolled them into another, after you enter your 1099-R TurboTax will ask follow-up questions to determine if the distribution is taxable.

 

Click this link for detailed info on 1035 Exchange and 1099-R.