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.
>
>
>
>
>
>
>
>
>
Yes.
-- Rich Carreiro snipped-for-privacy@animato.arlington.ma.us
Schedule D. See page D-4 of the 1040 instructions.
-- Phil Marti Clarksburg, MD
they get reported on schedule d
___________________________________
-----> real address on hobokeni or hobokenx
It's a capital gain, and goes on Schedule D.
I've never understood why option sales aren't on the 1099-B
The sale and related gain or loss are reported on Schedule D.
Have something to add? Share your thoughts — no account required.
Ask the community — no account required