Archive for August 29th, 2009
johnnydogg2002 asked:
In an individual account, if you sell a covered call against a stock you own and then get called out but buy the stock right back, what kind of tax consequences is this? Is the gain on the premium of the covered call considered a short term gain of income or short term capital gain?is the sale of the stock when you get called out considered a sale of stock even though you bought the stock right back? Is there any wash sale rules that come into play here? Can any explain what’s goin on in a situation like this, accountants have had trouble answering me. Thanks
Forrest Pesante
In an individual account, if you sell a covered call against a stock you own and then get called out but buy the stock right back, what kind of tax consequences is this? Is the gain on the premium of the covered call considered a short term gain of income or short term capital gain?is the sale of the stock when you get called out considered a sale of stock even though you bought the stock right back? Is there any wash sale rules that come into play here? Can any explain what’s goin on in a situation like this, accountants have had trouble answering me. Thanks
Forrest Pesante
Andy-Roo asked:
I know there’s a couple of irish songs that U2 covered with acoustic guitars. One of them sounds like a lullaby. Do you have any idea what the songs are called?
Ami Balcitis
I know there’s a couple of irish songs that U2 covered with acoustic guitars. One of them sounds like a lullaby. Do you have any idea what the songs are called?
Ami Balcitis