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Retirement tax questions
I've gone over and over these follow-up questions and replies.
I'm pretty convinced I have the 1099-R entered correctly and all the following questions we still correct.
However, the 1099-B is still not right. The distribution of these funds was from an ESOP early and partial distribution option we get after reaching 55 1/2 years old called Diversification. I am still employed with the company. So "Stock (non-employee)" can't be correct.
To illustrate my point if I switch the selection to "Stock (non-employee)" a new drop-down menu appears directly below it with a new question. "How did you receive this investment?" See the image below. None of these apply since it is an ESOP that we do not purchase shares. We earn shares with vested years of service and the calculated value of our account is based on annual valuations of the company and the number of shares that have been allocated to employees. We do not purchase anything.
In the Learn More window for that drop-down menu at the bottom, there is "Other method" with an explanation. But it is not part of the drop-down list. So should I not select anything from the list?