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Retirement tax questions
@VerJ The Form 1099-R appear to be reporting an in-kind distribution of the ESOP shares. With an in-kind distribution, the cost basis of the shares becomes the gross distribution amount shown in box 1 of the Form 1099-R.
Click this link for more info on Cost Basis of ESOP Shares.
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‎February 8, 2021
9:59 AM