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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: OLDBISON who wrote (2006)	3/18/1999 5:14:00 PM
From: Colin Cody	Read Replies (1) \| Respond to of 5810

Can you tell me how to complete Schedule D to report the premium received for writing call options in 1998 which expire in 1999? How to describe this in column (a)? How to enter the date acquired and date sold? Did I "acquire" it the date that I "wrote" the call and received the premium or was that the "date sold" in column (c)? Rex, like this: on your 1998 1040 Schedule D: no reference at all. Options are not on a 1099B on your 1999 1040 Schedule D: 10 calls IBM Jan 99 190s 11/1/98 1/15/99 $1,000 EXPIRED +$1,000 or 10 calls IBM Jan 99 190s (expired) 11/1/98 1/15/99 $1,000 $0 +$1,000