I got a CP2000 yet I think the IRS messed up. It's for some stock sales in 2018. On the CP2000 there are the two columns "shown on return" and "reported by others." I'm thinking that "shown on return" is my reported proceeds (sales price) and "reported by others" is the proceeds as reported by my broker.
I just went to my form 8949, and see that my "Proceeds" and "cost basis" are reported correctly in the 8949.
The IRS is using the information I reported as "Cost basis" for the amounts in "shown on return" They should be using "proceeds" - right?
I'm I correct in assuming that they should be using "Proceeds" and NOT "Cost Basis"
