Reply To: 1099-R on Roth IRA annuity payment – Chapter 2.

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#25252
wanttoknow
Participant

Alan,

The faulty 1099-R shows $1,601.58 in boxes 1 & 2a.

TIAA’s letter explains that $124.59 of this is “estimated earnings” – i.e. what I would have earned on the $1,476.99 tardy distribution had I received it when I should have.

I believe I should report the $124.59 as taxable on my 1040. But where? It isn’t really an IRA distribution or annuity payment, is it?

In which case, on the Form 4852 I would give the $1,476.99 a distribution code of “Q”, but no code for the $124.59.