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May 6, 2021
Question

I have a Life insurance notice (1099 R)of gross distribution and the taxable amount is listed as "0". and a W in box 8. In Turbo Tax, it counts it as taxable. why?

  • May 6, 2021
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1 reply

ColeenD3
May 9, 2021

If Box 2a has a zero, it isn't taxable. Look at Line 5b on your 1040.

 

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