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Retirement tax questions
Why is the IRS not changing their text in the 1099-B instructions then, because there they say that for an options trade with a loss, you report the loss as a negative amount in Box 1d?
Page 8, Item Box 1d. Proceeds, Paragraph 1:
Box 1d. Proceeds. "Enter the gross cash proceeds from all dispositions (including short sales) of securities, commodities, options, securities futures contracts, or forward contracts. Show a loss, such as one from a closing transaction on a written option or forward contract, as a negative amount by enclosing it in parentheses."
‎February 14, 2021
8:47 AM