How much of the $17,500 gross distribution reported on form 1099-r is taxable in 2015?

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asked Nov 15, 2019 110k views

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Mixopteryx · Answer 1 · 2019-11-22T04:30:40+0000

You have to divide the 38 months into the $1,320 received tax free.
Solution:
$1,320 divided by 38 months = $34.7368 per month
$34.74 times 12 = $416.84
$17,500 minus $417= $17,083

How much of the $17,500 gross distribution reported on form 1099-r is taxable in 2015?

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