@qbteachmt The transaction reported on f1099-B was an Indemnity Escrow Final Release in December 2021 as part of the closing of an acquisition of TP’s employer back in 2017. The escrow final release in December, 2021 was not on a W-2 as TP’s employment was in overseas. However, TP included the escrow release as part of his wages.

TP had reported the original proceeds from the acquisition as a Short-Term Capital Gain on the Schedule D / Form 8949 since TP had received a Form 1099-B for that in 2017.

The amended return will be including the escrow release in Schedule D/f 8949 with a zero basis (short-term capital gain) and excluding the escrow release from part of the total wages as originally reported. The tax should remain the same.

Your thoughts on this? Thank you.