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Financial Planning / Tax Strategies
|Subject: Re: 1099/8949 vs Options vs Pub 550||Date: 3/8/2013 2:14 AM|
|Author: TMFPMarti||Number: 117985 of 121217|
I maintain a spreadsheet that reduces my basis if a put is assigned and increases the sale price if a call is assigned. I have been doing this based on my understanding of Pub 550 but now my spreadsheet does not match what my broker is providing. Am I wrong or should I contact my broker?
Since your broker is providing nothing why would you contact them? If you have a "C" transaction to report you report it just like you always did before brokers' responsibilities were expanded (except now you report it on the 8949 rather than directly on the Schedule D).
Maybe I don't understand the question, but I can't find the problem.
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