I notice that E-Trade reports on the Form 1099-B that the cost basis for vested RSUs is 0 USD.
- Shouldn't the cost basis that report in my tax form be the value of the shares at the time of vesting?
- If so, why isn't the value of the shares at the time of vesting reported as of the the cost basis on Form 1099-B?
Snapshot from the Form 1099-B form, Cost or Other Basis
column for an RSU row: