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Investors & landlords
Yes, you are doing something wrong. Namely, you're using the wrong basis, probably the basis being reported by the broker. The taxes withheld not showing on the 1099-B are irrelevant here. They are on the W-2, presumably, and you can't declare them again.
If this was a NQSO - suggested by the "V" code - then your basis per share is the per share exercise price + the per share compensation created by the exercise. (That is Compensation = GROSS number of shares acquired x per share "fair market value" used by the employer.)
I'd expect you will report a small loss due to selling commissions and fees.
March 1, 2020
3:27 PM
8,373 Views