Investopedia / Eliana Rodgers A 1035 exchange is a provision in ... on the individual's annual tax return using Form 1099-R. A life insurance policy can be exchanged for a non-qualified annuity ...

This gives life insurance contract holders more flexibility when exchanging their policy. When you perform a 1035 exchange, you must report the transaction using IRS Form 1099-R. What Isn’t ...

He should have won, although like most of the people who get blindsided by life insurance ... 7 on the Form 1099-R. Mass Mutual explained in its response that petitioner's life insurance policy ...