@joeg72 Sorry, I just saw this (I wasn't tagged -- you have to use the @ symbol and then a notification goes out).
You're correct: your cost basis on the 1099-B is 200, and your Capital Gain is 0. However, you will see income of $100 elsewhere on your return from the 11C entry.
As a double-check on the logic, you can always just look at cash in vs cash out, and make sure that you're somehow paying tax on your actual cash profit. In this case, you paid $100 for the shares (cash out) and got $200 when you sold (cash in). So you had a profit of $100, and should only be paying tax on that $100 profit. Because 11C is going to put $100 on your return as income, you would expect your 1099-B to show $0 profit.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
