TomYoung,
Thanks for the clarification. What you have said in your latest post is that I can put a 'W' in column F and make cost basis equal to proceeds ( sale price) and don't worry about the amount in Box 1g? Just curious about quantities here. For ex. if I had a loss on 500 shares in taxable account and gained on a number of calls not amounting to 500 shares in the IRA account what would be the treatment? Does it mean that amounts don't matter whether the net gain across the accounts is positive or negative?
I really appreciate everyone contributing to clarify my questions.
