SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: get shorty who wrote (29843)4/13/1999 9:19:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 122087
 
shorty, As I understand it, you can place an asterisk next to the short proceeds, and indicate in a footnote on the Schedule D that it represents an open short position.

Always confirm tax questions with your local IRS office or tax advisor.

MT



To: get shorty who wrote (29843)4/13/1999 9:34:00 PM
From: Sword  Respond to of 122087
 
Get Shorty,
Both open shorts and option sales throw off the proceeds numbers. Any trader who does both will have non-reconciled numbers. It's not a problem. I always just put a note on the form explaining the discrepancy is due to option sales or open shorts. I don't even bother giving a precise statement but just make that general one and I've never had any questions raised.

-Sword


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News