Hi. For ESPP and RSU sales, usually the cost basis on 1099B is wrong and needs to be adjusted . What code for adjustment (B, C, etc) needs to be chosen?
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Hi. For ESPP and RSU sales, usually the cost basis on 1099B is wrong and needs to be adjusted . What code for adjustment (B, C, etc) needs to be chosen?
Usually the adjusted values are reported as a supplemental form from one's brokerage.
Hi. For ESPP and RSU sales, usually the cost basis on 1099B is wrong and needs to be adjusted . What code for adjustment (B, C, etc) needs to be chosen?
You would want to use adjustment code B. That indicates that the reported basis is incorrect on your 1099-B.