Annuity Income

Deeg
Deeg Member Posts: 2 Newcomer
in Income

I cashed in an annuity that was paying very low interest. They may have sent a 1099, but I am not able to find it at the moment. Do I need it?

I know the amount —- I suspect I can just enter it on the spreadsheet, if I knew WHERE.

Any suggestions?? Thanks, in advance.

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Answers

  • MatthewD
    MatthewD FreeTaxUSA Team Posts: 503

    Hello Deeg,

    I suggest you get a copy of the 1099 since it will have a code in box 7, which will determine how the income it is reported on your tax return.

    You may contact the custodian of the annuity to get a copy of the 1099-R,

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