dmertz
Level 15

Retirement tax questions

The rollover simply allows you to continue to defer taxes on this money instead of the distribution of the ESOP shares being taxable on your 2017 tax return.

Enter the Form 1099-R reporting this distribution and in the follow-up indicate that you rolled the money over to another retirement account and indicate the amount that you rolled over.  Do not enter it as a new regular traditional IRA contribution.