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8937Report of Organizational Actions Affecting Basis of SecuritiesForm (December 2011) Department of the Treasury Internal Revenue Serviceman I See separate instructions. Reporting Issuer1 Issuer\'s
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Gather all necessary documents such as the tax form for the non-taxable distribution.
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Who needs n on-taxable d istribution?

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Individuals who have received a non-taxable distribution during the tax year.
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A non-taxable distribution refers to a withdrawal or transfer of funds that is not subject to income tax. This is often seen in retirement accounts, where contributions may have been made with after-tax dollars or qualify for specific exemptions.
Individuals who receive a non-taxable distribution from a retirement plan or other tax-advantaged account may need to report this information on their tax returns, depending on the specific circumstances of the distribution.
When filling out forms associated with a non-taxable distribution, one typically needs to provide details such as the amount of the distribution, the type of account it was taken from, and any relevant supporting documentation that shows why the distribution is non-taxable.
The purpose of a non-taxable distribution is to allow individuals to access their funds without incurring immediate tax liabilities, often as part of retirement account rules or certain tax benefits.
The information that must be reported typically includes the amount of the distribution, the type of account, the reason for the non-taxable status, and any pertinent identification details for both the distributor and the recipient.
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