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    #1

    Esop

    I have a client that received 18000 from an esop and the TP received a 1099r that Shows part taxed and part not. Within 60 days of touching the money she put the entire amount she received from the ESOP into an IRA. The IRA statement shows the money as a Rollover.
    I intend to take the entire 18000 and treat it as a rollover. Anyone have any comments on this.
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    #2
    The non-taxable part should not be rolled over into an IRA. When it is withdrawn, she would be paying tax on the non-taxable part again.

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      #3
      The TP did this last august before talking to me.

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        #4
        Well, get out the ole' 8606.

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