Csa 1099r box 2a says unknown

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August undefined, 2024

WebI have an OPM 1099R death benefit with "unknown" in box 2a and values ... WebGenerally, the issuer of the 1099-R will have an amount listed in Box 2a for the taxable amount. If no amount is listed, you will need to determine the amount yourself. If this is a …

Publication 721 (2024), Tax Guide to U.S. Civil Service ... - IRS

WebAug 10, 2024 · The Taxable Amount box (#2) says “UNKNOWN”. I’m having trouble understanding the logic of how to calculate the taxable amount. The details on the CSA … WebI HAVE A CSA 1099-R WITH "UNKNOWN" IN BOX 2A, DO I CHECK THE " TAXABLE ... ina chery npi

Form 1099-R - Distributions From Pensions, Annuities

WebJun 6, 2024 · June 6, 2024 12:50 PM. If your 1099-R has UNKNOWN as the taxable amount, you probably have a CSA 1099-R. If you have not indicated that this is a CSA … Thank you MichaelDC for this answer. Still, I need help. I chose the CSA 1099-R … The TurboTax community is the source for answers to all your questions on a range … WebApr 27, 2024 · On my 1099r in box 2a. taxable amount says UNKNOWN.So, when trying to file on hrblock online I'm suppose to put a numerical am ... On my CSA 1099R it shows UNKNOWN in box 2a Although I don't find it explained anywhere, it ... WebEnter the Gross Distribution in Box 1 as it is shown on the 1099-R. The taxable amount in Box 2a should normally be the same as the amount from Box 1. When entering the Distribution Code in Box 7, if the Code is a '3' , the 10% Additional Tax for Early Withdrawal does not apply and no further action is necessary upon exiting this 1099-R menu. incense of heaven

Important Tax Information - CSA 1099R, Statement of …

CSA 1099 R block 2a is Unknown because part of Gross is due to ... - Intuit

WebIf Box 2.a is marked Unknown, this means that OPM didn't calculate the tax-free portion of your annuity. The most common reasons for not calculating the tax-free portion of your … Webamount is reported on your 1099R. For all other retirees and those receiving former spouse benefits, the Taxable Annuity Amount box will show “unknown.” You can choose to … incense oils and brews pdfWebSubtract line 8 from line 1. Enter the result, but not less than zero. Also, add this amount to the total for Form 1040 or 1040-SR, line 5b. If you are a nonresident alien, enter this amount on line 1 of Worksheet C. If your Form CSA 1099-R or Form CSF 1099-R shows a larger amount, use the amount figured on this line instead. ina cheyn

"WebFeb 21, 2024 · My husband's CSA 1099 in box #! has a gross distriubition of $41872.21, Box #2a is unknown on the bottom is a state that reads "Gross Annuity reduced by … " - Csa 1099r box 2a says unknown

Csa 1099r box 2a says unknown

Solved: If the taxable amount in box 2a says "unknown" on

WebYou must use the General Rule explained in IRS Publication 939 to calculate the taxable part of Box 1 on your 1099-R if no taxable amount is listed in Box 2A so the correct amount of taxable income is listed on line 5b of Form 1040 or 1040-SR. If your annuity starting date was after July 1, 1986, you may have to figure the taxable part of the ... WebFeb 22, 2024 · OPM violates the 1099-R rules by writing "helpful" information in the box rather than just the value or code like they are supposed to. OPM has done that for years and it causes more confusion than help. They put UNKNOWN in box 2a when it should be blank, and put "7 NONDISABILITY" in box 7 when is should only be "7", "1" or "2". The …

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WebApr 20, 2024 · You’ll most likely report amounts from Form 1099-R as ordinary income on line 4b and 5b of the Form 1040. The 1099-R form is an informational return, which means you’ll use it to report income on your federal tax return. If the form shows federal income tax withheld in Box 4, attach a copy – Copy B—to your tax return. WebMar 11, 2024 · He retired in 2024. The 1099-R says CSA. Total contributions from Box 9b is 95,538. None of this has been recovered. I looked at the annuity adjustment letters for the last two years and the box 5 amount is very close (but off by about $120) to the amount he is being charged for a health insurance plan.

WebFeb 4, 2024 · Second opinion] Hi Pearl, I have a Form CSA 1099R tax form with a Gross Distribution of $32,760. Box 2a. Taxable amount is "Unknown". There is not a Box 2b. Box 4 Fed Income Tax Withheld is $5,638. Ho … read more WebSolved: I have an OPM 1099R death benefit with "unknown" in box 2a and ...

WebApr 15, 2012 · On form CSA 1099-R, the taxable amount listed in box 2a. is "unknown". I cannot go any further online until an amount - Answered by a verified Tax Professional … WebSubmit your information below and one of our Customer Service Specialists will begin working on your request. All fields are required. We usually respond within 3 to 5 business days. Topic Claim number. Formatting requirements. CS. Show number. I don't know or don't have my claim number. First name Last name Phone number (10 digits) Email ...

WebNov 19, 1996 · Answer. If your 1099R Statement Box 2.a for the Taxable Amount is marked as 'Unknown'; this means that OPM did not calculate the tax-free portion of your annuity. …

WebJun 4, 2024 · You enter the form as a CSA-1099-R, and leave Box 2a blank. Yes, the after tax contributions are included in an RMD calculation so you Say Yes to that question. As you go through the questions, you will be asked about after-tax contributions and can choose whether to apply the Simplified or General Rule method to those contributions. incense making supplies wholesaleWebFeb 10, 2024 · What does an amount in box 9b mean? The amount shown is the total amount of after-tax contributions you paid to your retirement plan while working. It’s used to determine the after-tax contribution amount shown in Box 5. If you want to know what each field on Form 1099-R means, then check out this informative illustration. incense new mexicoWebAug 10, 2024 · The Taxable Amount box (#2) says “UNKNOWN”. I’m having trouble understanding the logic of how to calculate the taxable amount. The details on the CSA 1099-R form: The Gross Distribution (Box 1) is $33,000. The Employee Contribution (Box 9b) amount is $23,190. There is an Insurance Premium (Box 5) of 5508.09. ina chemicalsWebGenerally, the issuer of the 1099-R will have an amount listed in Box 2a for the taxable amount. If no amount is listed, you will need to determine the amount yourself. If this is a Roth Distribution that has been held for 5 or more years and you are withdrawing the contributions only, enter $0 for Box 2a. If you made nondeductible ... ina cheese strawsWebUnless an exception to the 10% additional tax on early distributions is available, Option 2, "Transfer 1099-R Box 2a to Form 5329, Part 1, Line 1" would be selected if the distribution is from a pension plan or IRA. In this situation, if the taxpayer did not roll over the distribution or qualify for an exemption, the 10% additional tax or ... ina chery mdWebThe CSA-Form 1099-R box numbers reflect the standard numbering on a Form 1099-R. If the taxable amount isn’t calculated in Box 2 the Simplified Method must be ... Box 2a on … ina cherry tomatoesWebJan 30, 2024 · Turbo Tax does calculate the amount for box 2a on your Statement of Annuity Paid form, from OPM. When you get to the screen with Taxable Amount, click … incense of a new church