@RaoBuddha , not fully understanding what your company did ( and /or legality of that ), what I get is that you have a W-2 showing your wages for the year and you have a 1099-B showing only the stocks sold ( name, quantity, date sold and amount). Generally these kinds of transactions are called "not covered" because the broker does not have data on the basis or when acquired. So you tell TurboTax that you have sold shares and that you have a brokers consolidated report --- Turbo will then walk you through filling out the boxes for the form 8949 --- you have to provide when acquired and whether this is short term or long term ( generally holding period longer than one year is long term ) and of course the price at which you acquired. Your company/ issuer of the 1099-B should be able to tell you when these shares were awarded to you and at what price --- else the software will assume that the shares are short term ( no capital treatment) and that the basis is ZERO i.e. fully taxable.
The 8949 will then flow to schedule-D and onto form 1040 schedule-1
Does that make sense ?
Namaste
pk
