Investors & landlords

You need to adjust the cost basis reported on the sale of the stock. After you enter your investment sale information, you will see a screen that says Select any less common adjustments that apply. One of the options will be The cost basis on my statement is incorrect. Check that box and enter the income reported on you W-2 form for the stock as the cost basis, assuming it is listed as $0 on your form 1099-B.