Title: | Market Investing |
Moderator: | 2155::michaud |
Created: | Thu Jan 23 1992 |
Last Modified: | Thu Jun 05 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 1060 |
Total number of notes: | 10477 |
Are the rules for taking capital gains/loses the same for stock options as they are for stocks? For instance, if I bought DEC Call 40 options and they expired worthless, would I be able to take the full amount as a loss? I'm sure the IRS will take its cut if the options *gain* in value! Jim
T.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
646.1 | NOVA::FINNERTY | Sell high, buy low | Wed Dec 22 1993 09:30 | 3 | |
sure, but you may need to fill out an additional form in addition to schedule D; I think it's form 8349 or something close to that. |