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M
mbsherman2
February 17, 2025
Question

I have a 1099-R from my life insurance company for an unpaid loan. How do I classify the distribution in Turbo Tax?

  • February 17, 2025
  • 1 reply
  • 0 views
It's not considered a retirement plan distribution. Its not considered a nonqualified annuity. I don't think it's a modified endowment either.

    1 reply

    M
    MAK70
    February 17, 2025

    @mbsherman2 Can you clarify where you need the classification? (State return?)

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