If you do a 1035 exchange do you need to file a tax return?

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
rec7
Posts: 1621
Joined: Tue Oct 28, 2008 7:22 pm
Location: ST LOUIS

If you do a 1035 exchange do you need to file a tax return?

Postby rec7 » Thu Feb 14, 2013 3:57 pm

I will have no other income.

Alan S.
Posts: 4522
Joined: Mon May 16, 2011 6:07 pm
Location: Prescott, AZ

Re: If you do a 1035 exchange do you need to file a tax retu

Postby Alan S. » Thu Feb 14, 2013 4:47 pm

If you received a 1099R with code 6 in Box 7, you don't have to file. And if you did have to file for other reasons, you would not have to report this exchange.

rec7
Posts: 1621
Joined: Tue Oct 28, 2008 7:22 pm
Location: ST LOUIS

Re: If you do a 1035 exchange do you need to file a tax retu

Postby rec7 » Thu Feb 14, 2013 4:52 pm

Thank You


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