My wife owned an commercial annuity for about 10 years and totally cashed it in in 2008. The insurance sent her what looks exactly like a 1099R except that it didn’t say 1099R on it. What forn to use to report the income to irs?
Report it on Form 1040 on the line for income from pensions and annuities.
October 30th, 2009 at 7:56 pm
Report it on Form 1040 on the line for income from pensions and annuities.
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October 30th, 2009 at 8:15 pm
what number is on it? did they furnish the information regarding how much is taxable? some of the annuity was original contribution and if she reported interest or dividends over the years, she should not be taxed again
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