Recent content by RaidenDSI

You can say that again!

Thank you for telling me that. This should make doing my taxes easier.

I actually was gonna do my taxes by myself using turbo tax. I have the home and business edition. How do I import that information?

Well, that answers all of the questions that I had about options reporting. I want to thank all of you guys that helped me out. I appreciate it very much.

I see how it works. I think that answers just about all of my questions except one. Should I make a copy of my nonreportable 1099 to send to the IRS since they do not have that information or do they have a way of getting it?

Would that go the same for gains also? What if you lost the first time, then rebought options or stock in the same company and lost again within 60 days? Would you only count the second loss or would you not be able to count anything at all? Thanks.

I've been using Scottrade. I have not heard of this schedule D software that you speak of. What is some of it called?

My broker does that also. That is what I meant by not reported. I'm sorry if I didn't make that clear.

What about options that expire? I have some that expired. I am not too familiar with what a wash sale it. Iwill look it up. Thank you.

Thanks. That's what I thought but wanted to be sure.

Hi, can someone please tell me how to report options trades? 2006 was my first year trading options and I am not sure how to report them as they are not reported on the 1099 form that my broker sent me nor are they required to be reported according to them. Thanks.

Hi, can someone please tell me how to report options trades? 2006 was my first year trading options and I am not sure how to report them as they are not reported on the 1099 form that my broker sent me nor are they required to be reported according to them. Thanks.

Ok, thanks. I will look into both of them.

I see. :( Well, I'll definitely think about it. Thank for the info.