Investors & landlords

@jaeheec7 

 

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.