the only way that would work is if you use the "corrected basis" box to show cost = to sales proceeds. thus you would show the sales proceeds so you won't get an IRS letter for that and correcting the cost basis should not create a problem with the IRS either. however, if it does, just write back and state what the facts are. include the notice and sign and date the responce.

only if you get an inquiry/notice from the IRS then respond with a letter where you explain why you did what you did - sign and date, include the supporting info from the 1099-B you may want to circle to, and finally mail the letter, support and notice back to the IRS. make sure you respond before the date in the notice and use a mailing method where you get proof of delivery. keep copies.