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Traded Options

October 5, 2008

How do I report option gains or loses?

trading puts calls
mgm00056 asked:


I traded options in 2006. I.e., I bought and sold calls and puts without owning the underlying stock. My net for the year was a loss of about $1200. Can I report this loss on my 2006 tax return? If so, where?? Thanks.

Tags: Stock, Tax Return, Traded Options

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