It appears you have a basis adjustment in both accounts. You must prorate the basis between the accounts and report only the personal account sale upon complete sale of all stock associated with the wash sale. The IRA account basis would be adjusted in a likewise manner and would not be reported on your tax return if it remains in the account.
- Wash Sale Rule for All Accounts-One Investor (or both spouses for MFJ): In 2008, the IRS issued 'Revenue Ruling 2008-5,' where it addressed the question of whether the wash-sale rules apply to IRAs. In the ruling, the IRS explained that when shares are sold in a non-retirement account and substantially identical shares are purchased in an IRA within 30 days, the investor cannot claim tax losses for the sale, and the basis in the individual's IRA is not increased.
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