Non-covered means the basis (value) might not be reported to the IRS.
You are getting a 1099-B because the employer gave you stock as compensation and this stock is considered income.
Because you will be taxed on this additional income from the stock award (reported in Box 1 on your W-2) very often some of the stock is sold right away with the idea that the money you get from the sale will cover some of the tax you'll owe on the stock award.
The basis for this stock is the amount the former employer reported as wages.
This amount should have also been reported in Box 14 on your W-2 with the letters RSU to indicate your value, or basis, in the stock that was awarded.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
