[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

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

646.0. "Capital gains on options?" by MARVA2::BUCHMAN (UNIX refugee in a VMS world) Tue Dec 21 1993 20:48

    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 12:30`	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.