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To: mlmr
. . . brother and I decided to quickly get the money out of the IRA and split the cost of the bill.

Now a blip just showed up on my radar screen. Are you saying that the annuity was in some kind of tax-sheltered or tax-deferred account?

18 posted on 02/02/2004 6:05:16 PM PST by Alberta's Child (Alberta -- the TRUE North strong and free.)
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To: Alberta's Child
I am looking at the 1099 The gross distribution was 34000 and the same for the taxable amount. The disrtribuion code is 4 meaning death. My percentage of the total distribution was 50%.The square that says Ira(Sep) Simple is checked off
23 posted on 02/02/2004 6:19:33 PM PST by mlmr (Taxation with greedy representation is not a good thing)
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