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Submitted: 607 days and 19 hours ago.
Category: Tax
Value: $15
Status: CLOSED
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Optional Information

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Defiance, Ohio

Accepted Answer

These are taxed as short or long term gains/ losses depending on the holding period. The holding period will vary depending on whether you are buying or writing and whether they are opening or closing transactions.

See pages 56 - 58 - http://www.irs.gov/pub/irs-pdf/p550.pdf

 

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Expert: Bill
Pos. Feedback: 99.6 %
Accepts: 
Answered: 3/24/2008

Enrolled Agent

EA, QPA, CHFC, CEBS, CLU - 29 years experience providing financial advice

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