RobertB4444
Expert Alumni

Investors & landlords

The cost basis is based on what you paid for what you sold.  You should consult with the broker to get a more accurate basis if you think the zero is wrong. 

 

But when you sell stocks in order to pay taxes unless you sell something at a zero gain then you will indeed be taxed on the sale in order to make the cash to pay the taxes.

 

@gb1 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"