How the IRS Wreaks Havoc on Active Traders With Obscure Tax Rules
Published: Mar 24, 2016
Published: Mar 24, 2016
Published: Mar 12, 2015
Learn how to report the cash settled exercise of a Section 1256 contract for IRS tax reporting.
Published: Mar 13, 2013
Traders of option contracts sometimes overlook adjustments that need to be made for accurate tax reporting. TradeLog can make these adjustments easier with a few important functions. Here are three tips for option traders:
Published: Feb 06, 2013
Exchange traded funds (ETFs) are becoming more and more popular. Did you know that ETF options can have special tax handling? Some of these options qualify as section 1256 contracts. Under Section 1256 the gains and losses are treated as 60% long-term and 40% short-term capital gains/losses, regardless of the holding period. What qualifies an ETF option as Section 1256 depends on it's structure and whether the option is listed or over-the-counter.