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What stock option sales are considered non-reportable?

April 26, 2017Finance Markets NON-REPORTABLE Options sales stock stock option stocks

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What stock option sales are considered non-reportable?

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Option sales that occur in a trading account are recorded as non-taxable on broker statements. Option activity is not reported on a Form 1099-B, pursuant to federal tax laws and regulations. If a customer receives a realized gain/loss statement, the sale of the underlying stock may appear with a different proceeds amount.