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IsabellaG
Expert Alumni

I received 1099R and 1099B for the same ESOP sale, should I enter both forms or just one? I do not take the risk of being double taxed?

@SophDo when you enter the sales proceeds from Form 1099-B, report the cost basis of the shares as the taxable amount ($790.73) as shown on your 1099-R. You'll have a net gain of  $0, and you will not be double-taxed. 

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