Hi, thank you so much for the quick reply. A few follow up questions:
* When I sold some stock 2 yrs ago from this same exercise via a broker who *did* give me a 1099-B, the basis they included in box 1e was the FMV at time of exercise, not the exercise price
* When I talked to someone on Turbotax live, they told me to force the basis to be this adjusted basis, because there seemed to be a bug where putting in the box 1e basis and then doing an adjustment was just zero'ing out the basis completely (it wasn't even using the strike price * # of shares)
* Reading this article (https://turbotax.intuit.com/tax-tips/investments-and-taxes/incentive-stock-options/L4azWgfwy), I think I see what you mean though. Is it that the double tax on the spread b/w exercise price & fair market value is taken care of via an AMT adjustment?
