Well, not exactly. If the shares that were sold to cover the taxes were sold at a price higher than the shares that vested with you, then you have a capital gain on the sale of the shares sold to cover. If the shares that were sold to cover were sold at a price below the price of the shares that vested with you, then you will have a capital loss.
You are correct in that ordinarily there is probably neither a gain nor a loss to report; however, that is not always the case. Because the 1099-B reflects that shares were sold, go ahead and report the sale. If the sale price is the same as the price of the stock that vested with you, the result will be neither a gain nor a loss.
@animaljive
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