Iron Condor
Mastery · 9 min

Tax mechanics for option traders

A practical overview of how the IRS treats option trades in a US retail account. Not tax advice. Enough to ask the right questions of a CPA.

In this lesson

  • Short-term vs long-term capital gains
  • Section 1256 contracts
  • Wash sale rule
  • Forms and broker reporting

Read the full lesson in the app

The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.

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