Client has 1099-r. Box 1 gross distribution is $10,000. Box 2a taxable amount is blank. Box 2b taxable amount not determined is not checked. Box 5 employee contributions/designated roth contributions or insurance premiums is $10,000. Box 7 distribution code is 1d. This is from a non qualified annuity.
It appears that the taxable amount is $0. Why is box 2a blank and not $0? Should i dig deeper into this?
It appears that the taxable amount is $0. Why is box 2a blank and not $0? Should i dig deeper into this?
Comment