Thank yo so very much for the additional information.
This is really making it clear.
Here are the rules:
1. If it is disability payments received before the minimum retirement age set by the employer it is included in line 7 income.
2. If the amounts on the 1099 are considered a corrective distribution then they are reported or included in line 7 income. A corrective distribution would be if you made excess CONTRIBUTIONS, then the annuity would pay them back to you on form 1099. The plan administrator is required to inform you if it is to be included in income
3. All other income indicated on a 1099R is to be reported on line 16a or 16b. If it is totally taxable, then all of it goes into line 16 b. If it is not totally taxable, then all of it t is reported in 16a, and the portion that is taxable in included in 16b.
This work sheet should be helpful in determining if it is taxable or not:
If you want me to help with this, I need to know the following information
I need you to take a look at your latest 1099's and tell me what codes appear in the different boxes.
how you report this and in some cases if you report it, depends on what is listed in the various boxes of the 1099-R you received.
box 1: Gross distribution before taxes are taken out if any.
box 2a: the portion of box one income that is taxable, if any.
box 2b: if it is a total distribution then the box indicating total distribution is checked. a box is checked also if the taxable amount in 2a is not determined.
box 3 would indicate if any of the amount in box 1 included capital gains.
box 4 would indicate how much taxes were taken out. (if any)
box 5: sometimes your contributions would have been listed, but not all ways.
box 6: sometimes but not always any appreciation may be listed.
Box 7: is distribution code. I need to know this code.
box 8: I need to know any codes and amounts listed here.
Box 9a/b: I need to know if anything is in these boxes.
It may be better to scan and save it as an image and upload it here for me to look at. (make sure to make a copy first, and then use the copy to scan. blacken out your name and SSN on the copy before scanning)