Yes. If the value of the 4 stocks is listed as income on your 1099 then it is counted as income and taxable. Therefore you would adjust your basis when entering the 1099-B for these stocks to match the income shown for the stocks.
In the "Investments" topic "Edit" or "Add" the sale. Select the box for "Incorrect or missing cost basis." Select "None apply" and on the next screen you can enter the cost basis you have.
Be sure to keep a record of how you derived that cost basis.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
