Recent content by pandafan

  1. P

    Thinkorswim 1099b and 4797 MTM reporting

    Guess I wasn't quite clear. eg. sold aapl 130 put @ 6 and got assigned aapl stock. Then sold aapl stock @125. 1099b reported sales:12500, cost:13000, then disallowed wash loss 600. If I use sales-cost, I will get loss $500, but it should be gain $100. So I am confused how to use 1099b to...
  2. P

    Thinkorswim 1099b and 4797 MTM reporting

    Hi,I am trying to get a lump sum number (G/L)for 4797 form with MTM chosen and trader status. By using proceeds- cost basis, I get a huge number which is greater than my whole account value and makes no sense. After some investigation, I found assigned option premium was not added to proceeds...
Back
Top