When you enter your 1099-B, you will initially enter the cost basis shown on the 1099-B. You will then indicate that you need to adjust the cost basis, and you will enter the value of the stock at the time of exercise. For non-qualified stock options, this amount is also the amount you paid for the stock plus the amount of the bargain element. The bargain element is the amount included in wages on your W-2 and reported in Box 12 with Code V.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
