DavidD66
Expert Alumni

Investors & landlords

The options that expired, are reported as independent transactions.  For the put you sold that expired, report it with proceeds of $24 and a cost basis of 0.  Same for the expired Call, it will have proceeds of $32, and a cost basis of $0.

 

The options that were exercised are not reported, and adjust the basis of the underlying stock that was purchased or sold.

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