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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Zeuspaul who started this subject2/6/2003 8:04:19 PM
From: Shawn M. Downey  Read Replies (1) of 5810
 
Perhaps this is a dumb question. I sold JAN 04 PUT Leaps in
2002. These are still open now. Is the income received taxable for 2002? Or will it become taxable when when I close
the transaction?

Thanks for any help, -Shawn.
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