Related Documents
Form 1099-SB: Seller's Investment in Life Insurance Contract
Form 1099-SB reports the seller's investment in a life insurance contract that was transferred in a reportable policy sale. This form helps the seller determine their tax basis in the contract.
Form 1099-R: Distributions From Pensions, Annuities, Retirement Plans, IRAs, Insurance Contracts
Form 1099-R reports distributions from pensions, annuities, retirement plans (including 401k and IRA), profit-sharing plans, insurance contracts, and survivor income benefit plans of $10 or more.
Schedule 1 - Additional Income and Adjustments to Income
Schedule 1 reports additional income not listed on Form 1040, including business income, unemployment compensation, and alimony received. It also covers adjustments to income such as educator expenses, student loan interest, and IRA deductions.