Re: Option trades not reported on 1099 form?

From: Rich Carreiro <rlcarr@animato.pn.com>
Subject: Re: Option trades not reported on 1099 form?
Date: Tue, 24 Mar 1998 18:37:31 -0500 (EST)

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>Is there a reason why option trades are not reported to the IRS?

Because the current law does not require proceeds of options trades
to be reported.  *That in no way relieves you of your duty under the law
to report the trades and any gain/loss on them.*

Rich Carreiro
rlcarr@animato.pn.com

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