ComputerShare 1099-B Cost Basis is empty. "Confirmation of sell to cover” document show $0 gain as buy and sell prices are same.

[micjohnson]

Received “Form 1099-B - Proceeds From Broker and Barter Exchange Transactions” from ComputerShare.

           Box 1a ==> Units sold 4.7647

           Box 1c => 01/21/2025

           Box 1d => $610.85

           Box 1e => Cost Basis is empty.

           Box 5 ==> Non covered  Security checked.

           Box 12 ==> Basis not reported to IRS not checked.

On the confirmation to “Confirmation of sell to cover” document, 

    - The Sale price is 104.1246 GBP ($128.39 at the sale date) 

    - Capital gain cost basis (FMV) is same as sale price 104.1246 GBP ($128.39 at the sale date)

     - Capital gain per instrument 0.0 GBP

So, since the purchase price and sale price are the same, does that mean my total capital gain is $0?

[micjohnson]

Appreciate any help here. Thanks

[DianeW777 · Accepted solution]

Yes, that is correct based on your 'Confirmation to sell to cover' document and also assumes this is the amount of income included in your W-2 for RSUs sold to cover your possible income tax (common practice).

A "confirmation of sell to cover" means a portion of your vested Restricted Stock Units (RSUs) or exercised stock options was automatically sold to pay required tax withholdings. This prevents you from needing out-of-pocket cash to cover tax obligations, leaving you with the remaining shares. You can confirm with your employer or financial holding company or ComputerShare.

[micjohnson]

Thanks a lot.