Are you able to get form 3922 from your employer? If the cost basis in Box 1e is wrong, it's helpful to have Form 3922.
Since the gain on that stock sale was included as income on your W-2, to avoid double taxation:
- You will need to change the stock basis on the date of the sale, to the price on the date of sale.
- The result is zero gain or a minor loss due to brokers commission/fees.
- The IRS will expect to see that information on your tax return.
To enter your 1099-B form, see Where do I enter a 1099-B?
For additional information, see the TurboTax article: Non-Qualified Stock Options.
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