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The Options Tax Guy

ABOUT

This site is designed to help you understand the tax implications of trading options including:

  • Trader Type

  • Entity Selection

  • Compliance

Also included are real-life examples of trades and how to report them on your tax return as well as testimonials from site users.

OPTIONS

So, what's all this fuss about options?

 

  • What should you know about trading options or can you even do it?

  • Is there simply too much risk associated with trading options?

  • Isn't options trading only for sophisticated day traders?

The answers to these questions may surprise you and "Yes, You can trade Options ..."

TAXATION

You mean we have to pay tax on this?

The taxation of options can become very complicated very fast.  

 

You’ve come to this site to learn some tips about making it more understandable.

 

Hopefully this page will accomplish that.

SERVICES

We provide a complete line of tax return preparation services, including but not limited to:

  • Complete tax return preparation including states

  • Options tax compliance

  • Consultation

  • Option trade tracking software

TRADER TYPES

What Type of Trader are You ...

  • Purchases securities for capital appreciation​

  • Typically dividend-paying stocks

  • Long-term perspective

  • Perhaps 50 trades per year

  • Regularly and continuously profit from short-term market fluctuations

  • Trade adjustments based on changing trend

  • Short-term perspective

  • Probably 50 trades per month or more

  • Qualifies as a Trader

  • Election must be made to IRS

  • All open positions adjusted at year-end

  • Probably 50 trades per month or more

TAX AUTHORITY

LIST OF TAX CASES & IRS REGULATIONS

WELCOME
- What You Will Learn Here ...
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