Cryptocurrency Q&A
Do exchange-traded options qualify for XSP & mrut tax rates?
Do exchange-traded options qualify for XSP & mrut tax rates?
SakuraDance
Sat Nov 09 2024
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6 answers
1541
I'm wondering if exchange-traded options are eligible for the XSP and mrut tax rates. Could someone please clarify this for me?
6 answers
CryptoAlchemy
Mon Nov 11 2024
Section 1256 of the Tax Code provides specific tax treatment for certain exchange-traded options.
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SamuraiHonor
Mon Nov 11 2024
These options, such as XSP and MRUT, may be eligible for a blended tax rate.
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Tommaso
Mon Nov 11 2024
The blended rate consists of 60% long-term capital gains and 40% short-term capital gains.
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CryptoVisionary
Mon Nov 11 2024
This tax treatment is advantageous as it allows for a more favorable tax rate compared to the standard short-term rate.
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MountFujiMystic
Sun Nov 10 2024
The qualification for this blended rate is not dependent on the holding period of the option.
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