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

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To: TheNoBoB who wrote (5806)4/5/2024 12:04:40 PM
From: Elroy   of 5810
 
where does it say the exercised 1256 option premium is not reflected in the cost basis of the underlying?

This is what TD has told me.

Without that adjustment, it's an infinite money glitch.

Agreed. This is why I think TD is doing it wrong.
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