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New Member
posted Jun 4, 2019 2:12:12 PM

I trade OPTIONS in my brokerage account and wonder if I can deduct my losses.

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1 Replies
New Member
Jun 4, 2019 2:12:15 PM

Yes, you can deduct your losses. Here is how to enter them:

  • Personal
  • Income & Wages
  • Investment Income
  • Stocks, bonds, other...start or update
  • If you say NO to having a 1099B, there is an item to check "Options" (see screenshot).

If you have other questions about this, ask in the comment section below.