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3 answers

That depends on a few factors

Are you over or under the age of 59 1/2
if you are under the age of 59 1/2 what was the purpose of the withdraw.

Is this for a withdraw from a Pension or IRA or a Commercial Annutity?

what code is in box 7 of the 1099R

More information is needed to answer your question correctly

2007-04-07 14:32:39 · answer #1 · answered by Anonymous · 1 0

You do not actually FILE a 1099-R (unless you are an investment bank or something like that).
You usually RECEIVE a 1099-R from whatever bank or investment firm you IRA is at. I do NOT know if you have to attach that 1099-R to your tax return.

2007-04-07 21:26:23 · answer #2 · answered by Anonymous · 0 1

It's shown as an IRA withdrawal if it's from an IRA, otherwise as a pension. Depending on the code, it might or might not be taxable, or could be partially taxable. If you're using something like TurboTax, it should ask for the code and report the amount properly.

2007-04-10 03:18:21 · answer #3 · answered by Judy 7 · 0 0

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