El2
Level 1

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?

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Just-Lisa-Now-
Level 15
Level 15

yes, assuming everything that was included on the W2 as Code V was all sold


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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BobKamman
Level 15

But is that a reasonable assumption?  A $3,000 loss in a short time?  Or did he keep some of the shares?