Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

Where do you report income generated from option trading? I ASKED THIS QUESTION ON FEB 29 AND NO RESPONSE!

 
1 Best answer

Accepted Solutions

Where do you report income generated from option trading? I ASKED THIS QUESTION ON FEB 29 AND NO RESPONSE!

Hello & Good Morning;

Here's how to enter the information:

Income Section: Click yes to Did you have income from investments.

Check - Capital gains or Losses. Enter the information on the Capital Gains Work Sheet.

Regards,  

View solution in original post

3 Replies

Where do you report income generated from option trading? I ASKED THIS QUESTION ON FEB 29 AND NO RESPONSE!

Hello -  I’ll will be happy to guide you with entering income generated from option trading.  

Can you please let me know which Turbo Tax Product you are using?   â€“ Online: Free, Standard, Premier, Home & Business, or Desktop – Purchase at a retail outlet.

FYI: The data will be entered on the Schedule 3.  

Regards,

Where do you report income generated from option trading? I ASKED THIS QUESTION ON FEB 29 AND NO RESPONSE!

I am using Online: Premier

Where do you report income generated from option trading? I ASKED THIS QUESTION ON FEB 29 AND NO RESPONSE!

Hello & Good Morning;

Here's how to enter the information:

Income Section: Click yes to Did you have income from investments.

Check - Capital gains or Losses. Enter the information on the Capital Gains Work Sheet.

Regards,