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February 28, 2025
Question

In my 1099R form, the general distribution is $42171, but the taxable amount is $2171. Is my income in this case $42171 or 2171?

  • February 28, 2025
  • 1 reply
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    1 reply

    DoninGA
    Employee
    February 28, 2025

    The taxable amount form box 2a will be entered on your Federal tax return, Form 1040 on Line 5b if this from a pension, if this is from an IRA it will be on Line 4b.