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

[Cindy0H]

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.