Nemam nikakvog iskustva s opcijama)
Ako nisi već vidio...
Na financialwebring.org forumu ,pod taxing situations ima tema tax treatment:covered calls,naked puts.. i ima par linkova na stranice gdje se objašnjava kako se šta tretira kod takse..

Najbolje će biti da se to izgleda prepusti (tax)profesionalcu.
Paragraf za Capital account(ono gore je bilo za income(accont),ako se time bavis kao poslom,i sve se tretira kao income.Vecina ljudi prijavljuje CAPITAL account)

For taxpayers who record gains and losses from options as capital gains, the timing is a little trickier for options which have been sold. The following table shows the timing of the recording of gains and losses on options that have been sold or purchased. This table has been prepared based on the information in the CRA interpretation bulletin IT-479R Transactions in securities.



Option type Event
Proceeds reported for tax purposes
Treatment when options are sold:
Calls expired capital gain at time calls are sold
bought back to close capital gain at time calls are sold, and buy-back costs recorded as capital loss at time of buy-back
exercised capital gain at time of exercise (added to proceeds from sale of shares)

Puts expired capital gain at time puts are sold
bought back to close capital gain at time puts are sold, and buy-back costs recorded as capital loss at time of buy-back
exercised no capital gain - at time of exercise, proceeds deducted from cost basis of shares purchased
Treatment when options are purchased:
Calls expired capital loss at time of expiry
sold to close net gain or loss on purchase and sale recorded as capital gain or loss at time options sold to close
exercised no capital loss - at time of exercise, cost is added to cost basis of shares purchased

Puts expired capital loss at time of expiry
sold to close net gain or loss on purchase and sale recorded as capital gain or loss at time options sold to close
exercised at time of exercise, cost is used to reduce the proceeds from the sale of shares

As you can see in the table, when call and put options sold are being recorded as capital gains, the gain is recorded in the taxation year in which the options are sold. However, if the options are then exercised in the next taxation year, the capital gain from the previous year must be reversed, and either added to the proceeds from the sale of shares (call option), or deducted from the cost basis of shares purchased (put option). To revise the capital gains from the previous year, a T1Adj would have to be filed. See our article on changing your tax return after it has been filed.

Usually, the taxpayer would benefit from filing the T1Adj. However, if the amount is not significant, and if a tax preparer is being paid to do the taxes, there may be little benefit to filing the T1Adj. The only problem is that the Income Tax Act requires the options proceeds to either be added to the proceeds from the sale of shares (call option), or deducted from the cost basis of shares purchased (put option) when the option is exercised. This applies even if the proceeds were taxed in a previous year, and no T1Adj was filed to reverse this. Therefore, double taxation will occur if the T1Adj is not filed.

We traded options for about a decade, and in the end finally decided to quit, because

there was too much recordkeeping to be done

we always had to keep on top of whether the stocks were close to exercise price

when we used a full-service broker, it seemed we would be warned before anything was exercised and that we could have some input, but once we used a discount brokerage options would be exercised without warning, and we would find out after the fact.

it was impossible to quantify true gains and losses, it certainly didn't seem worth all the effort we put into it


Tax Tip: Leave option-trading to the professionals.



Revised: November 05, 2010