How do you record the tax consequesnce of an option contract loss?

I owned options that expired with no value. How do I post the loss on the investment?

For stock options, record as short term capital loss (assuming it's not a LEAP) on Schedule D, with the expiration date as the sale date and zero as the sale price. If it's an option on an ETF or Index, there are weird tax consequences, which you would neet to review at the IRS web site.
This is based on info from the IRS but not guaranteed. Suggest you talk to an accountant or the IRS.

Tags

　　Investment Services 　　Investment Portfolio 　　Investment Plan 　　Investment Performance 　　Investment Options 　　Investment Opportunity 　　Investment Manager 　　Investment Management 　　Investment Information

Related information

Can i have a put and call option at same time...?

<<<can i have a put buy and call buy on same stock simulaneously.>>> Yes. If the same strike price is used for both the call and the put it is called a "straddle"....

What are the Best returns on short term investments in Bahrain?

Where do u wanna invest???which avenue?? investment is a vast area...u can invest in any thing right from the land to buildings to metals like gold n silver to forex to stock... until and unless ...

Reliance Natural Resources fund , which option to select?

I always say defer to growth, so option 1

...

Loan fund shortage?

You are looking at not closing and forfeiting your deposit.

...

Any foreclosure attorneys available?

A compentent real estate attorney should be able to help you. Generally you want to hire an attorney based on referrals, rather than one that advertises.

...

Where Do I Go To Get Help With What Kind Of Biz I Want To Start?

Hey Chad... Reading some of these books should really help you in making a correct business decision. Good luck ~

...

What are other good investments for retirement after IRA's?

401k, if you work for a company. SEP IRA if you are self-employed. Whole life is an option. Tax-free muni bonds. And buying a house, gains are tax free.

...

A question to all property investors in the Malaga Provence?

be very careful about buying property in the costa del sol, the last mayor of marbella is in prison for fraud, taking back handers for planning permission. that new complex which jack nicholson adv...