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Posted by dman81 on December 30, 2007, 2:40 pm
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Hello everyone! Nice board and glad to be a member.
I recently purchased some options only to have sold them @ a loss.
They won't expire until next year but from the looks of things they
will be worthless. Now I read in a previous post, that you would just
report it as a loss in schedule D. Is that correct?
Would this spreadsheet format work okay to calculate option losses?
See this link: http://taxes.about.com/od/capitalgains/a/Cap_Gain_Worksh.htm
This would work for stocks but I'm unsure for the options. Please
advise and thank you very much!
Daniel
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