I was reading on the tax implications of CCs on taxes and how "Qualified & Non Qualified Calls" effect loss deductions, holding term periods, and dividends. Does Fidelity handle all of these numbers on the 1099 and I simply turn it in to my tax advisor? Does writing Covered Calls make doing taxes a nightmare? Am I going to have to dish out hundreds of dollars to some professional because I wrote a handful of CCs during the year? Am I over thinking?
Thanks