Youtor
1099R Box 2a is Blank
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https://www.etax.com/blog/ • Generally, the issuer of the 1099-R will have an amount listed in Box 2a for the taxable amount. • If you see a (zero) in Box 2a of your 1099-R, the entire distribution amount in Box 1 is nontaxable. • If this is a Roth Distribution that has been held for 5 or more years and you are withdrawing the contributions only, report zero for Box 2a. • If you made nondeductible contributions to a Traditional IRA and are withdrawing only the contributions and not any earnings, report zero for box 2a. • If you had a direct rollover from a qualified plan to another qualified plan, report zero for box 2a. • If none of these apply, and Box 2a is (blank), the taxable portion of your distribution needs to be calculated. If you begin receiving annuity payments from a qualified retirement plan, you may use the Simplified Method to figure the tax-free part of the payments. Under the Simplified Method, you figure the taxable and tax-free parts of your annuity payments by completing the Simplified Method Worksheet in the Form 1040 Instructions.
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