How are sold Puts calculated for the tax year?
Friday, January 2nd, 2009
Winerrr asked:
For example: I sold puts for two differetn stocks 2007 and received the premiums. My investment firm sent the premium received as income received to the IRS for 07. However, it was not until 2008 that I closed out one position for a small gain (I bought the put back) - while my other position I was assigned the options which are now at a loss.
LYNN
For example: I sold puts for two differetn stocks 2007 and received the premiums. My investment firm sent the premium received as income received to the IRS for 07. However, it was not until 2008 that I closed out one position for a small gain (I bought the put back) - while my other position I was assigned the options which are now at a loss.
LYNN
