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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: HIA who wrote (1141)4/6/2000 7:49:00 PM
From: Smitty  Read Replies (1) of 1383
 
re option trades and 1099

Does anyone know why option trades are not reported on the 1099B like equity sales? Is this information provided to the IRS, and if so in what form? My Schwab summary says the option sales are not provided to the IRS.
Thanks,

Craig Smith
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