The amount in Box 2a says "Taxable amount". This is less than the amount in Box 1, "Gross distribution". Distribution code is '4'.
Do I use the amount in Box 1 or 2a for my "Pensions and Annuities"? on form 1040?
thanks
Box 2a on 1099R
Feb 18, 2014
2 Replies
You use both. Box 1 gets entered as your gross distribution. Box 2a gets entered as your taxable distribution. It is likely that the amount in Box 5 is the difference between the two numbers.
The code 4 in Box 7 means that you are receiving this distribution as the beneficiary or surviving spouse of the original owner.
You use both. Box 1 gets entered as your gross distribution. Box 2a gets entered as your taxable distribution. It is likely that the amount in Box 5 is the difference between the two numbers.
The code 4 in Box 7 means that you are receiving this distribution as the beneficiary or surviving spouse of the original owner. =================Agreed with above for the simple answer.
If there's a tax basis in this pension/IRA, or estate tax paid, there may be additional things to do.
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