"Over the last year, I started buying many long-term spreads. I had done my research, and everything I read suggested that taxes are only due after realizing gains—which is true for spreads, unlike covered calls.
However, I recently received the interactive tax report from IBKR, which claims I owe €60,000 in taxes. I haven't sold a single spread yet.
Is this correct, and have I ruined my life? I don't have the money. And since 2025 is already over, there's nothing I can change about it now."