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    aachen
    New Member

    How to report put and call options trading, when expired, assigned, or raded in secondary market?

    I sold a put option say MSFT Sept@285 and received $27 per share. It expired in Sept 2022 and I was assigned the stock at exercise price of $285.  I still have that stock.  Do I report $27 x 100 = $ 2700 as capital gain in 2022?  OR I do not report $2700 as capital gain BUT I  reduce the book value of the stock I have by $27, that is $285 - $27 = $258, and report capital gain or loss when I sell that stock?

    posted
    ‎March 30, 2023 9:27 AM
    last updated ‎March 30, 2023 9:27 AM
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    TurboTaxGinette
    Intuit Alumni

    How to report put and call options trading, when expired, assigned, or raded in secondary market?

    In order to help you with this, we will need more information.  Please contact us in private on Social media so we can help you further. You can find us on Facebook or Twitter.

     

    Thank you for choosing TurboTax.

    ‎April 6, 2023 8:55 AM
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