1. Adjusted cost basis is the total cost of a share including any fees paid when it was purchased. If you paid $100 for a share of stock and a $5 broker fee, then your adjusted cost basis is $105 per share.
2, If you earn $80,000 and sell $50,000 in stock, then your total income will be $130,000.
3. The $30,000 that is withheld will be reported on the 1099-B form that you will receive. You will include that amount on your 2021 tax return.
