Anonymous
Not applicable

Get your taxes done using TurboTax

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.