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February 3, 2025
Question

I received a 1099R from a whole life policy. How do I report this?

  • February 3, 2025
  • 1 reply
  • 0 views
Should I report the 1099R I received from a Traditional Wholelife Policy as an annuity?

    1 reply

    February 7, 2025

    Yes.  If you received it while you were still alive then you cashed in the policy and you would report it as an annuity.

     

    @llonglizzy 

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