Box 2a says unknown

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WebMar 11, 2024 · Govt website (opm.gov) makes it very clear this amount is not taxable but I can't make ProSeries deduct it if I enter everything exactly as it is on the 1099-R. I finally … WebI HAVE A CSA 1099-R WITH "UNKNOWN" IN BOX 2A, DO I CHECK THE " TAXABLE ...

Solved: I have an OPM 1099R death benefit with …

WebNov 19, 1996 · 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. … WebOperations Center, P.O. Box 45, Boyers, PA 16017 of your correct Social Security Number. Be sure to include your CSA number and a copy of your Social Security card when you contact OPM. Important Tax Information - CSA 1099R, Statement of Annuity Paid General — The 2024 tax year includes the 12 monthly annuity good family movies with action

Question of the Week: Taxable Amount on 1099-R Is …

WebUnknown’ in the 2.b ‘ Taxable Amount ’ box. You may wish to speak with a representative at the Internal Revenue Service or a tax advisor to help you calculate the tax-free portion of the calculation. Current tax tables for this year are available in Internal Revenue Publication 15. You may view this publication WebFeb 20, 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 … 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 good easter gifts for 1 year old

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WebFeb 10, 2024 · Understanding Box 9B on Form 1099-R. When a taxpayer retires, they will start to receive money from their retirement plan (e.g. pension or annuity). As the payments are made to you, each payment will consist of two parts. One portion will be the amount (if any) that you contributed to the plan and the second portion will be the piece the ... WebJan 18, 2024 · Not surprisingly, taxpayers are prone to making costly mistakes when taking a QCD. “It's not reported as part of your adjusted gross income but on the 1099 your custodian will report the full ... good evening horarioWebThey put UNKNOWN in box 2a when it should be blank, and put "7 NONDISABILITY" in box 7 when is should only be "7". IRA, 401 (k), Pension Plan Withdrawals (1099-R). OR … good family business to start

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Box 2a says unknown

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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 … WebSolved: I have an OPM 1099R death benefit with "unknown" in box 2a and ...

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WebNov 24, 2024 · The number in Box 5 includes only the premiums for the retiree’s basic health insurance, i.e., the Federal Employee Health Benefits (FEHB), and Medicare, Parts B and/or D… If the retiree is also having Federal Dental, Federal Vision, or Federal Long Term Care insurance premiums deducted, these premiums will not be included in Box 5... WebApr 27, 2024 · Second opinion] I am 53 on federal disabilty retirement from post office. 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 … read more

WebDec 18, 2014 · Box 2a “Taxable amount” on his form 1099-R says the taxable amount is “unknown.” My tax program asks for an amount. How do I find out what the taxable amount is? ... a question about retirement should say which retirement system you are in. • Do not expect personal legal, financial or career advice. ... WebJun 4, 2024 · 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 …

http://retirement.federaltimes.com/category/pay/taxes/ 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 annuity is because of one or more of the following: ... Post Office Box 45 Boyers, PA 16017 Visit us in person Retirement Services Support Center U.S. Office of ...

WebBox 2a on Form 1099-R. Enter the amount that could have been recovered tax free in prior years even if not claimed. Look at last year’s tax return to find this amount, or calculate the amount using the monthly tax free amount computed by TaxSlayer for the 2024 tax year times the number of months prior to 2024.

WebAug 24, 2024 · Q: Why does my 1099-R form show that the taxable portion of my annuity is unknown? A: If your 1099-R Statement Box 2.a for the Taxable Amount is marked “Unknown,” OPM did not calculate the tax … good first handgun redditWebJan 13, 2024 · However, if Box 2a is blank (empty) on your 1099-R form, the taxable portion of your distribution needs to be calculated: If the distribution is from a Traditional IRA , … good fats for breakfastWebNov 19, 1996 · 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. … good feet store green bay wiWebIf 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 … good feet lancaster paWebGenerally, 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 ... good fall nail polish colorsWebApr 15, 2012 · Second opinion] I am 53 on federal disabilty retirement from post office. On my 1099r in box 2a. taxable amount says UNKNOWN.So, when trying to file on hrblock … good food cod recipesWebIntuit Professional Tax Preparation Software Intuit Accountants good fish names for males