Hi folks,I am starting to slog through my taxes. Now that the brokers are required to report cost basis on the 1099Bs, I see that the cost basis is not reported correctly for transactions where a put was exercised and shares were put to me. Likewise, the sale price or proceeds is not reported correctly where a call was exercised and shares were called away from me.I looked at IRS Publ. 550, and it says that, as always, the effect of a put or call exercise should be reflected in the cost or the proceeds of each stock sale reported on Schedule D.On the other hand, I see pustings/articles in the professional tax community saying that taxpayers should not report a number on their tax returns than is different from the one shown on the broker's 1099B.So, I am at a loss what to do, and would welcome any suggestions, especially from tax pros.Thanks a lot.Bubba
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