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Question:

I excercised some stock options this year. The transaction was a "same day sale", so it will be taxed as ordinary income. The gain was about $11,300.

The trading company withheld about $4500 for tax purposes.

My question is this.

A.) I have an almost complete loss in my Roth IRA ($2000). Can I take this loss against my stock option gain?

B.) I have a loss in my regular brokerage account of about $3500. Can I take this loss against my stock option gain?

Thanks for any information that you can provide.

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