Unsure how to report 1099-B after ESOP to IRA rollover

tseifs · ‎February 4, 2023

Upon leaving my previous company, I decided to roll the company stock in my pre-tax ESOP plan into a traditional IRA. The company cashed out the stock at the next available date and sent me a check for the total amount, which I promptly deposited into my IRA. I have now received a 1099-B and a 1099-R from my company for the stock transaction. I have entered in the 1099-R and indicated that it was rolled over, resulting in it not being a taxable event. When I enter in the 1099-B, there is no option to indicate that this was rolled over. The software believes that I owe taxes on the gains from the stock based on the 1099-B, but it has been rolled into an IRA. I'm unsure how to proceed.