<description>&lt;p data-path-to-node="5"&gt;It's Tax Day on the network! Mark Longo and Dan Passarelli tackle the most requested topic of the season: how to keep the IRS out of your options profit. From the simplicity of the IRA "end run" to the mathematical beauty of 60/40 tax treatment on Section 1256 contracts (like SPX), the drill instructors break down how to optimize your tax bill.&lt;/p&gt; &lt;p data-path-to-node="6"&gt;&lt;strong data-path-to-node="6" data-index-in-node="0"&gt;In this episode, we cover:&lt;/strong&gt;&lt;/p&gt; &lt;ul data-path-to-node="7"&gt; &lt;li&gt; &lt;p data-path-to-node="7,0,0"&gt;&lt;strong data-path-to-node="7,0,0" data-index-in-node="0"&gt;The IRA Advantage:&lt;/strong&gt; Why tax-deferred accounts are an options trader's best friend.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p data-path-to-node="7,1,0"&gt;&lt;strong data-path-to-node="7,1,0" data-index-in-node="0"&gt;Section 1256 Contracts:&lt;/strong&gt; How to get long-term tax rates on short-term trades.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p data-path-to-node="7,2,0"&gt;&lt;strong data-path-to-node="7,2,0" data-index-in-node="0"&gt;The Complexity of Basis:&lt;/strong&gt; Why multi-leg spreads can become an accountant's nightmare.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p data-path-to-node="7,3,0"&gt;&lt;strong data-path-to-node="7,3,0" data-index-in-node="0"&gt;Double Calendars:&lt;/strong&gt; Dan clarifies the "Friday-Monday" spread strategy discussed in previous episodes.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p data-path-to-node="7,4,0"&gt;&lt;strong data-path-to-node="7,4,0" data-index-in-node="0"&gt;Defending The Wheel:&lt;/strong&gt; Dan responds to critics who call his favorite strategy "garbage."&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p data-path-to-node="7,5,0"&gt;&lt;strong data-path-to-node="7,5,0" data-index-in-node="0"&gt;Listener Mail Call:&lt;/strong&gt; Binging 13 years of options education and overcoming the "overwhelming" start.&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;p&gt;Check out &lt;a href= "https://Tastytrade.com/podcasts"&gt;tastytrade&lt;/a&gt; - named best broker for options trading. Genius loves Company.&lt;/p&gt;</description>

Options Boot Camp

The Options Insider Radio Network

Options Boot Camp 386: Tax Tips for Options Traders

APR 15, 202633 MIN
Options Boot Camp

Options Boot Camp 386: Tax Tips for Options Traders

APR 15, 202633 MIN

Description

It's Tax Day on the network! Mark Longo and Dan Passarelli tackle the most requested topic of the season: how to keep the IRS out of your options profit. From the simplicity of the IRA "end run" to the mathematical beauty of 60/40 tax treatment on Section 1256 contracts (like SPX), the drill instructors break down how to optimize your tax bill. In this episode, we cover: The IRA Advantage: Why tax-deferred accounts are an options trader's best friend. Section 1256 Contracts: How to get long-term tax rates on short-term trades. The Complexity of Basis: Why multi-leg spreads can become an accountant's nightmare. Double Calendars: Dan clarifies the "Friday-Monday" spread strategy discussed in previous episodes. Defending The Wheel: Dan responds to critics who call his favorite strategy "garbage." Listener Mail Call: Binging 13 years of options education and overcoming the "overwhelming" start. Check out tastytrade - named best broker for options trading. Genius loves Company.