Description : Accountants: In what year is the income taxable when an option is written in December, and expires in January?
Last Answer : answer:Check out IRS Pub. 550 - This seems like the most relevant section - it looks like you have a short term gain but not at receipt: Writers of puts and calls. If you write (grant) a put or a ... amount you pay and the amount you receive for the put or call is a short-term capital gain or loss.