Nondividend distribution
What is a nondividend distribution? It is shown on a 1099 R in box 3.
What is a nondividend distribution? It is shown on a 1099 R in box 3.
Generally it is an amount that reflects a return of capital or the amount of the taxpayers contribution which is not taxed.

It generally is return of capital that is not taxed, however, the basis needs to be reduced by the return of capital.