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We received the last of my husband's ESOP distrabution from when left this job, do we owe on it? Does it become an income?

 
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Leonard
Intuit Alumni

We received the last of my husband's ESOP distrabution from when left this job, do we owe on it? Does it become an income?

If you did not roll over your ESOP distribution into an other IRA or other retirement plans then your distributions will be considered income and may be subject to tax.

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Leonard
Intuit Alumni

We received the last of my husband's ESOP distrabution from when left this job, do we owe on it? Does it become an income?

If you did not roll over your ESOP distribution into an other IRA or other retirement plans then your distributions will be considered income and may be subject to tax.

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