I think I was misunderstood. The $1475.56 was not taken out from my payrol to buy shares.
Every month I contribute a specific amount to buy employer shares and at the end of the year, for every 2 shares bought the employer gives 1 share free.
Here's an example:
I contributed from 8/2023-7/2024 a total of $2,364 to buy 583.372 shares and at 09/2024 the employer gave free 1 share for every 2 shareds bought for a total of 291.686 shares which at the released dat they cost $1475.56. Now this $1475.56 was added as extra income to my payroll and for this I paid $437.50 as taxes.
So this $1475.56 was not taken from my payrol but is extra money that added to show the shares given as free from the employer.
So for those shares I need to calculate the cost basis. Is it the $1475.56 that I was given or I have to add the taxes paid on tip of it to find the cost basis?
