Thanks again for the response! I have $15k added as income to my W2. I paid $3k for the options. The way I see it in my 1099 entry is for -$3k after I adjusted the cost basis to account for the income. In my mind, that makes sense since I'm taxed on $15k, but took a "loss" for what I paid for the income. But what I think and the IRS thinks could be two totally different things!
