Employee Contributions or Insurance Premiums

Among other things, the amount in Form 1099-R, Box 5 can represent:

• Your after-tax contributions that have been recovered tax free
• Your basis in a designated Roth account
• Premiums paid on commercial annuities or insurance contracts recovered tax free
• The nontaxable part of a charitable gift annuity
• Investment in a life insurance contract reportable under section 6050Y