If you follow the instructions in the answer at the top of this thread, you'll see that you enter 0 for sales and the inverse of the Ordinary Gain for the basis. Then you fill out the 1099-B for the sale (which you should have from your broker). It will show the correct sale price. But you'll change the basis. There's more detail on how to calc the basis above, but basically you set it to whatever it needs to be to deliver the correct Cap Gain/Loss. And you figure out the correct Cap Gain?Loss using the Sales Schedule.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
