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January 31, 2020
Question

Aunt passed away last year and left my kid $ from a life ins policy Received the funds & rcvd 2 1099-R forms which reduced refund by $3000. Why am I incurring a tax?

  • January 31, 2020
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1 reply

DoninGA
Employee
January 31, 2020

If your child received a Form 1099-R with their Social Security number entered on the form, why are you entering that form on your tax return?