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Get your taxes done using TurboTax
I actually received $7,200 in stock. To add more detail, I received a separate/additional paycheck with the $10,000 as gross pay in December. The company sold $2,800 worth of stock to cover the taxes. The $10,000 shows up on my year end total earnings statement, which also matches my gross pay on my W2. However, they don't have any detail about the cost basis. I'm assuming your basis for the sale is correct at $2800 and this is what I need to use for the "corrected cost basis".
Thanks for your help.
‎April 12, 2022
5:17 PM