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How to correctly account for non qualified annuity basis? Do I include the annuity distribution and all other annuity details in Form 8606
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No, nonqualified annuities do not go on Form 8606. Form 8606 is only for IRAs.
Either the Form 1099-R will show the taxable amount in box 2a and the basis in box 5 or you'll need to use use your annuity statements to determine the basis.
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