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Lily83
New Member

1099B

I received 1099B from employer for sale of company common stock in ESOT.  It was a retirement plan, I never bought company shares.  I worked in this company until 1991.  They required me to sell back the stock to the company last year, I was informed that I had 60 days to rollover the proceeds into IRA to avoid paying taxes until distribution.  

I received a 1099B from the company and when entering into my return it wants to tax me for the proceeds.  

I also hava a 5498 from brokerage that has the IRA with exact same amoun as proceeds.

My question is how to handle this on my return for this year.

Thank you in advance.

 

 

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