Options Trading Tutorial

Are gains or losses from stock options trading reportable as capitol gains / losses, or are they exempt ?

Almost April, so, time to think about doing my tax returns lol. Just looked at my brokers statement & it shows my stock options trades listed as "not reportable". This does not make sense to me, wouldn't they be listed as/for capitol gains (or losses) the same as stock trades ???

Public Comments

1. they are reportable...and can be very complicated depending on the type of options they were...may need professional help.
2. Options trades must always be recorded on your Schedule D. However, the gain from non qualifying options exercised with your job may have already been reported on your w-2. Be careful not to report the gain or associated additional w/h sstaxes twice.