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Strategies & Market Trends : The Options Box

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To: Poet who wrote (9282)	1/24/2001 7:10:01 PM
From: bigja	Read Replies (1) of 10876

Poet, Can you help clarify a rumor I hear occasionally? Are the premiums received for writing covered call or selling naked puts taxable? I know they are supposedly not reported to the IRS by your broker but I have always used treated profits/losses as ordinary income/losses. Thanks

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