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 I enter options trading in the capital gains section - there is no options on the drop down list for the disposition section

Options that have expired and options that I have sold - there is no mention of options on the capital gains disposition drop down list
1 Best answer

Accepted Solutions

Where do I enter options trading in the capital gains section - there is no options on the drop down list for the disposition section

If you are treating the options as Capital Property for tax purposes select "Mutual funds/publicly traded shares/stocks" as this is the underlying asset class.

If you are reporting the gains or losses as business income then do not use the Capital Gains area. Additional information can be found at the link below.

View solution in original post

2 Replies

Where do I enter options trading in the capital gains section - there is no options on the drop down list for the disposition section

If you are treating the options as Capital Property for tax purposes select "Mutual funds/publicly traded shares/stocks" as this is the underlying asset class.

If you are reporting the gains or losses as business income then do not use the Capital Gains area. Additional information can be found at the link below.

Where do I enter options trading in the capital gains section - there is no options on the drop down list for the disposition section