Tax Facts

7575 / Are the commissions a writer of a put or call pays in connection with the sale of that option tax deductible?

Updated: October 28, 2026 at 10:40 PM
No. Commissions paid by a writer to sell a put or call (whether listed or unlisted) merely reduce the total "option premium" received in consideration for the obligations under the option.1





1.   Rev. Rul. 58-234, 1958-1 CB 279; Rev. Rul. 68-151, 1968-1 CB 363.

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