Options trading tax estimator
The tricky part about reporting stock options on your taxes is that there are many different types of options, with varying tax implications. The underlying principle behind the taxation of stock options is that if you receive income, you will pay tax. Whether that income is considered a capital gain or ordinary income can affect how much tax you owe when you exercise your stock options. There are two main types of stock options: Employer stock options and open market stock options.
Losses can exceed your deposits and you may be required to make further payments. These products may not be suitable for all clients therefore ensure you understand the risks and seek independen.