sjg1
New Member

Why does correcting cost basis on stock trades covered on W2 not reduce federal tax?

I get a 1099-B covering RSU's sold to pay tax - the income is ported on W2, so until I correct the cost basis my federal tax is incorrect.  In past years when I correct the cost basis Turbo Tax reduces Fed tax owed, but not this year.  State tax was reduced but Fed tax was unaffected.  Bug?