No. The "proceeds" are the amount the buyer paid to you. So $3K would be the proceeds in your example. Clearly your imported 1099-B's are not listing the basis for the stock which, going back to your example, would be $1K.
You need to look at your actual 1099-B, I think. I would guess that the broker is not reporting the basis of the stock, which is probably correct if the stock in "noncovered." I that case the basis needs to come from your own records.
Tom Young
