I received 1099B from employer for sale of company common stock in ESOT. It was a retirement plan, I never bought company shares. I worked in this company until 1991. They required me to sell back the stock to the company last year, I was informed that I had 60 days to rollover the proceeds into IRA to avoid paying taxes until distribution.
I received a 1099B from the company and when entering into my return it wants to tax me for the proceeds.
I also hava a 5498 from brokerage that has the IRA with exact same amoun as proceeds.
My question is how to handle this on my return for this year.
Thank you in advance.
