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cjbulmer
New Member

I received both a 1099r and b for sale of stock from an esop. When I enter both in it doubles my income and taxes the heck out of it. Is this correct?

 
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2 Replies
dmertz
Level 15

I received both a 1099r and b for sale of stock from an esop. When I enter both in it doubles my income and taxes the heck out of it. Is this correct?

The forms that you received are correct.

https://ttlc.intuit.com/replies/7121715

I received both a 1099r and b for sale of stock from an esop. When I enter both in it doubles my income and taxes the heck out of it. Is this correct?

If they are both reporting the same income, then no you should not have both or enter both.  Sale of stock would generally be reported on the 1099 B, you should call the company that issued the forms and ask them which one is correct.

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