Esop

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • RLymanC
    Senior Member
    • Sep 2005
    • 653
    #1

    Esop

    Confused on the sale of ESOP.

    Found the answer....the plan is fully vested and company will issue a 1099-R fully taxable plus 10% penalty.
    Last edited by RLymanC; 07-27-2009, 01:28 PM.
    Confucius say:
    He who sits on tack is better off.
    Tags: None
    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...