T.R | Title | User | Personal Name | Date | Lines |
---|
714.1 | don't ask Hillary | POTDAM::POTTER | | Fri Apr 15 1994 11:08 | 6 |
| I don't knwo where you can get the answer but don't expect to get one
from Bill and Hillary.
-John
ps. sorry couldn't resist
|
714.2 | This belongs in the `General tax questions' stream | VMSDEV::HALLYB | Fish have no concept of fire | Fri Apr 15 1994 11:52 | 8 |
| NO, you don't use Schedule D.
You file form 6781, profit and loss from regulated futures trades.
Fortunately you don't need to list every trade, just net P&L for
the year.
John
|
714.3 | options treated same as futures? | SCHOOL::DESAI | | Fri Apr 15 1994 12:58 | 7 |
| What about options? WHich form does one need to fill out? Do they
need details of each transaction? Are expired options treated
differently than ones which you closed positions on?
thanks,
- Rajesh_who_filed_for_an_extension
|
714.4 | Schedule D | KOALA::BOUCHARD | The enemy is wise | Fri Apr 15 1994 14:12 | 2 |
| Equity options are reported on Schedule D. For an expired option just
write "expired" as the 'purchase' date.
|
714.5 | Just to make it confusing | VMSDEV::HALLYB | Fish have no concept of fire | Fri Apr 15 1994 17:07 | 1 |
| Futures options go on form 6781, just like futures contracts.
|