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Retirement tax questions
Ok yes I get your point. Government wants R form income entered in the R box and DIV form income entered in the DIV Box......Then again reporting as a dividend in Turbotax takes your loyal customer to check boxes as follows:
Learn More link defines ESOP stock as follows: "An Employee Stock Ownership Plan (ESOP) is a retirement plan in which you can invest in the stock of your employer. Usually the purchases of stock are funded by contributions based on your compensation." That certainly described how I obtained the stock and how it ended up in my retirement savings account. Is my former employer (I am now retired) sending my ESOP dividend distribution information using the wrong form?
March 12, 2020
3:13 PM