Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
W
warith3140
Employee
May 14, 2019
Solved

Option Trading gone Sour

  • May 14, 2019
  • 1 reply
  • 0 views

I have roughly $10k in option trade loses for the year 2018. It was an investment that didnt work out. Is it possibly to get some kind of refund and if yes, how?

    Best answer by Anonymous_
    No text available

    1 reply

    A
    Anonymous_Answer
    Employee
    May 14, 2019
    No text available
      W
      warith3140Author
      Employee
      May 15, 2019

      I think you pretty much answered my question. I took several equity (stock) option trades that resulted in a net loss of $10k. Some small portion of it was due to trading SPX index but the majority was due to stock options (i.e FANG). 

       

      Also if you have Capital losses (from stocks) that were not reported the previous year,  how long do you have before those net losses are no longer usable?

      A
      Anonymous_
      Employee
      May 15, 2019
      No text available
        TurboTax Sign In Widget
        TurboTax flag icon

        Unlock tailored help options in your account

        Create an account
        TurboTax Expert Assist
        TurboTax Expert

        Get answers to all your tax questions

        Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

        Terms & ConditionsCookie settingsAccessibility statement
        Intuit
        TurboTax Credit Karma QuickBooks MailChimp

        ©1997-2022 Intuit, Inc. All rights reserved.
        Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
        of Intuit Inc. Terms and conditions, features, support, pricing, and service options
        subject to change without notice.

        Security Certification of the TurboTax Online application has been performed by
        C-Level Security.

        By accessing and using this page you agree to the Terms of Use.

        Accessibility

        TRUSTe nResult Certified e-File C-Level Security Certification