Csa 1099 r 2a unknown

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August undefined, 2024

WebNov 14, 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 $20623.68 to **** under court-ordered apportion …

Form 1099-R Simplified Method - IRS tax forms

Web3. 1099R Taxable amount is listed as 'Unknown'. What does that mean? If your 1099R Statement Box 2.a for the Taxable Amount is marked 'Unknown’, OPM did not calculate the tax-free portion of your annuity. OPM can not provide tax advice. Please contact the Internal Revenue Service toll free at 1- 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. granby auto parts store

If my 1099-r has code 3 on box 7 but "unknow" in 2A Taxable ... - Intuit

WebJun 4, 2024 · it works the same as a 1099-R -- enter the details as shown, box by box -- I don't believ TurboTax even asks if it is a CSA 1099-R or just straight 1099-R. Good Luck … WebFeb 4, 2024 · Customer: ***** ***** I'm using turbo tax and trying to enter my CSA 1099r. Box 2a is listed as unknown, how do I figure this. ... Office of Personnel Management 1099-R has UNKNOWN for taxable amount in block 2a. OPM can't answer tax questions. Turbo Tax can't explain how to determine taxable amount so can't complete tax ... Webcorrect 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, … granby board of education/employment

My OPM 1099-R has "unknown" in box 2A but notes that gross

Taxable Amt. Unknown -CSA 1099-R Form from OPM - TaxProTalk

WebFeb 19, 2024 · FORM CSA 1099R; FORM CSA 1099R. Options. Mark Topic as New; Mark Topic as Read; Float this Topic for Current User; ... Mark as New; Bookmark; Subscribe; Permalink; Print; Report Inappropriate Content; 1. HOW DO I DETERMINE THE TAXABLE AMOUNT WHEN BOX 2a STATES "UNKNOWN"? 2. SHOULD I BE USING A … WebOk here is some guidance from TurboTax: 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 form, go back into TurboTax in the 1099-R section and enter your CSA 1099-R, making sure to indicate before you enter the form that it is a CSA 1099-R.Then leave the taxable … china us flagsWebI HAVE A CSA 1099-R WITH "UNKNOWN" IN BOX 2A, DO I CHECK THE " TAXABLE ... china ushers in golden era of ai chatbots

"WebSubtract 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 … " - Csa 1099 r 2a unknown

Csa 1099 r 2a unknown

FORM CSA 1099R - Intuit Accountants Community

WebThe taxable amount on my 1099-R tax statement is listed as unknown. What does that mean? If Box 2.a is marked Unknown, this means that OPM didn't calculate the tax-free … WebThe issue I have is that on this 1099-R Box 2a. Taxable Amount is "Unknown" due to Box 7 being Code 3 - Disability and several thousand dollars are denoted in Box 5, which I thought was supposed to be deducted from Box 1 (or $3,000 whichever is lower?) in order to calculate the Taxable amount for Form 1040 4d.

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Web(Form 1099-R, Form SSA-1099) TaxSlayer Navigation: Federal Section>Income>1099-R, RRB-1099, RRB-1099-R, SSA-1099 There are four items to choose from, and within each item you can make entries for as many documents as needed. Select Nontaxable Distributions to record Qualified Charitable Distributions (QCDs), qualified Health … WebFeb 22, 2024 · If box 2a is blank or UNKNOWN then there should be amount in box 9b to use with the simplified method. If no amount in 9b then contact OPM to find the account "basis". ... CSA-1099-R, CSF-1099-R, RRB-1099-R. [NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep …

WebJun 3, 2024 · CSA 1099-R, Statement of Annuity Paid, is a variation of the 1099-R form for Federal retirees.It’s used to report civil service retirement payments. To enter your CSA … Webinsurance contracts, etc., are reported to recipients on Form 1099-R. Qualified plans and section 403(b) plans. If your annuity starting date is after 1997, you must use the simplified method to figure your taxable amount if your payer didn’t show the taxable amount in box 2a. See the instructions for your tax return.

WebFeb 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. WebSpecific Instructions for Form 1099-R. File Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., for each person to whom you have made a designated distribution or are treated as having made a distribution of $10 or more from profit-sharing or retirement plans, any individual …

WebJun 7, 2024 · If the taxable amount in box 2a says "unknown" on csa 1099r, do i put zero I'm away from my taxes right now and appreciate your answer. I use the Simple method …

WebMar 11, 2024 · On the 1099-R Wks I think if you scroll down to the bottom (might be "page 3") there's a worksheet you can use. You need to know the retirement date. Pub 721 is your "go-to" for this. The worksheet on pdf page 28 is what the software mimics. You'll have to manually accumulate and enter the "amount previously recovered" for the prior years up … granby barber \u0026 style shop granby ctWebMar 12, 2013 · 03-10-2013, 01:48 PM. I have a client with a CSA 1099-R. The gross distribution is for 12,312. The Box 2a Taxable Amount shows "Unknown". Box 5 (Emp contributions etc) shows 2,226.80. It seems to me that the taxable amount would be the net 10,085.20. The previous accountant picked up the gross amount as being taxable. granby board of financeWebNov 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. Some of the most common reasons for not calculating the tax-free portion of your annuity: Your case is a Disability Retirement. You retired prior to November 19, 1996. granby base campWebJun 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 … granby bait shop granby massachusettsWebFeb 19, 2024 · FORM CSA 1099R; FORM CSA 1099R. Options. Mark Topic as New; Mark Topic as Read; Float this Topic for Current User; ... Mark as New; Bookmark; Subscribe; … granby bow and gun club granby maWebFeb 21, 2024 · When the administrator of your annuity reported "unknown" in box 2A - that means - the administrator is not able or not willing to determine the taxable portion of … china u shape pillowWebApr 27, 2024 · My 1099-R 2a box is marked UNKNOWN. I get a disability from form CSA 1099R. I had my taxes done by a professional the first year. I did my taxes last year and I think I incorrectly completed it. ... quot;unknown" is in box 2a on my CSA 1099R and 03 is in box 7. I retired on disability in 2024 and I am 65 years old. china us gdp 2022