I have a client that files for 1120 corporation tax return and received a 1099-R with box 2a 83k. In this case, where do I report this income on the corporation 1120 tax return?
I reported under line 10 other income with taxable insurance proceeds of 83k and is this the correct place to put it?
box 1 = 166k
box 2a = 83k
box 2b = total distribution checked
box 5 = 83k