Stock Options

I sold some stock options that I purchased (for a profit) back into the market. They were not exercised. Do I report this profit on a Schedule D as a capital gain or as miscellaneous income? There is no indication on my 1099 form as my broker is not required to report this to the IRS. Thanks.

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Reply to
hoarseman
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Yes.

-- Rich Carreiro snipped-for-privacy@animato.arlington.ma.us

Reply to
Rich Carreiro

Schedule D. See page D-4 of the 1040 instructions.

-- Phil Marti Clarksburg, MD

Reply to
Phil Marti

they get reported on schedule d

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-----> real address on hobokeni or hobokenx

Reply to
Benjamin Yazersky CPA

It's a capital gain, and goes on Schedule D.

I've never understood why option sales aren't on the 1099-B

Reply to
NoSuchPerson

The sale and related gain or loss are reported on Schedule D.

Reply to
Bill Brown

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