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Lane, after reviewing your response on April 11 RE: 1099-R,
Lane, after reviewing your response on April 11 RE: 1099-R, the question is, subject 1099-R does not indicate original amount of 401-k retirement rollover into annuity in IRA (rollover occurred within… read more
Bill
Bill
Master's Degree
3,242 satisfied customers
Bill, thank you for your helpful response. The 1099-R
Bill, thank you for your helpful response. The 1099-R appears then to error, it does not show G in box 7, it shows "7" in box 7 followed by IRA simple. Does that indicate 1099-R in that the original d… read more
Bill
Bill
Master's Degree
3,242 satisfied customers
Question about death benefits from an Annuity IRA being
Question about death benefits from an Annuity IRA being taxable to the surviving spouse. The surviving spouse received a 1099-R for the total balance that was in the annuity. The surviving spouse tran… read more
Bill
Bill
Master's Degree
3,242 satisfied customers
IRS tax question: If someone's parent died and they got a
IRS tax question:If someone's parent died and they got a 1099-R with an amount in box 1 and box 2a (same amount, say $25,000) and then the tax amount not determined box is checked, I understand that w… read more
taxmanrog
taxmanrog
Master's Degree
2,096 satisfied customers
I have a 1099 R issued for a death and it was rolled over to
i have a 1099 R issued for a death and it was rolled over to another trustee. the original company that issue the 1009R shows the amt taxable in box. I have a copy of the 5498 from the receiving trust… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,163 satisfied customers
I have a client that her husband passed away in 2016.. in
I have a client that her husband passed away in 2016.. in 2017 she received a 1099-R from Midland National Life Insurance Co. Box 1 Gross Distribution is 123,701.73, Box 2 the taxable amount is .00--B… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,163 satisfied customers
My husband passed away in 2014 and his retirement account
My husband passed away in 2014 and his retirement account was rolled into mine. I received a 1099-R and it shows the distribution in box 1 and the same amount in box 2. Box 7 is code 4. Should box 2 b… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
Purchased an fixed annuity with death benefits, receiving
Purchased an fixed annuity with death benefits, receiving monthly payments. Rquested a dollar amount to be taken for fed taxes. The annuity has a 3.5% intrest rate. In box 2a of the 1099-r form, what … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
I cashed in several tax deferred accounts and bought an IRA
I cashed in several tax deferred accounts and bought an IRA annuity with the consolidated cash receipts. What I did was roll over IRA accounts into an IRA Annuity. How do I show this so that the accou… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
I need to know how to file a single 1099-R (401k loan distribution
I need to know how to file a single 1099-R (401k loan distribution due to death) for my deceased husband. The 1099-R is for 2010, but my husband died in 2009. I filed joint as survivng spouse for 2009… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
I rolled over the interest, $10K from an annuity to an ira.
I rolled over the interest, $10K from an annuity to an ira. The principal ( pre-taxed money that I invested $100K) does not need to be reported since it is not taxable....just the interest, yet when I… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
Hello. My parents had a revocable trust which had iras in it.
Hello. My parents had a revocable trust which had iras in it. My father passed away july 2008 and mother passed march 2009. I am successor trustee and had to set up a irrevocable trust with new tax ID… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
Bachelor's Degree
1,796 satisfied customers
I began drawing on my defined benefit retirement plan early
I began drawing on my defined benefit retirement plan early 5 years ago. I have been rolling the funds into a tax deferred variable annuity since then. I just received a CP2000 from the IRS saying tha… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
During 2008 we rolled over a non qualifying anuity from one
During 2008 we rolled over a non qualifying anuity from one company to another. We rolled over 3/4's of the total amount and took the balance in cash. I understand the amount rolled over is not taxabl… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
i received a cashier check from my ira at another financial
i received a cashier check from my ira at another financial instituion as i wanted to take it to another bank for a rollover and they coded it early distribution but my financial institution who recei… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
I was part of an ESOP at a previous employer. The previous ...
I was part of an ESOP at a previous employer. The previous employer has chosen to provide ex-employees with a full distribution of their ESOP shares. I have chosen to roll my ESOP distribution into an… read more
Bill
Bill
Master's Degree
3,242 satisfied customers
What is the difference between 1099-r and form 5498 My ...
What is the difference between 1099-r and form 5498 My father received monies from my mothers passing, should we have received the 1099-r or the 5498 form one 1099-r was received from the same company… read more
Bill
Bill
Master's Degree
3,242 satisfied customers
Mother-in-law passed away in 2006. She left daughter (my ...
Mother-in-law passed away in 2006. She left daughter (my spouse) 3 insurance annuities. When the annuities were liquidated the insurance companies withheld federal taxes (33%). The total of annuities … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,208 satisfied customers
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