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No, the amount reported on a 1099-R form is not considered a capital gain. Instead, it typically reflects distributions from retirement accounts such as pensions, IRAs, or annuities, which may be subject to ordinary income tax. Capital gains arise from the sale of investments or assets, whereas distributions reported on a 1099-R relate to retirement income. Always consult a tax professional for specific tax advice regarding your situation.

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4mo ago

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