El2
Level 1
04-14-2021
01:47 PM
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hello,
thank you if guide me how to file. tax payer have a 1099-B with zero cost basis and sale price is $ 23000, also tax payer have a separate W2 box12 with code V for 26000, should i put the V amount on cost basis?
Labels
Level 15
04-14-2021
02:12 PM
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yes, assuming everything that was included on the W2 as Code V was all sold
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
BobKamman
Level 15
04-14-2021
03:24 PM
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But is that a reasonable assumption? A $3,000 loss in a short time? Or did he keep some of the shares?