gb1
Level 3

Investors & landlords

Hello, I read through all the posts. I was unable to find the correct solution.

Cost Basis is 0 for sell-to-cover in 1099-B

Should this be adjusted manually to equal the Proceeds?

Even if I delete the import & manually enter, I still have the same issue, which is "What is the cost basis?"

I didn't sell any, they were sold to withhold taxes (all proceeds went to IRS and I presume my W2 box 2 includes this total proceeds). By reporting this as gain with cost basis 0 - makes it look like you are paying taxes again.