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To: Herc who wrote (3728)	9/11/1999 1:11:00 PM
From: Paul Viapiano	Read Replies (1) of 18137

To all, Maybe this has been mentioned before but it is my opinion that if you trade regularly, your trades are entered on Schedule D where you are taxed for capital gains at your regular tax rate. There is no self-employment tax on these gains but you are subject to the $3000 maximum loss write-off (in any one year.) If you decide to be a mark-to-market trader (many trading for a living choose this)you then enter your income from trading on Schedule C, where it IS subject to self-employment tax, but you are able to write off losses with no limit. -------------- Please check with your financial advisor concerning any tax matter or investment idea before acting on advice from any chat room or message thread. Paul

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