IRS, Tax related strategies--Traders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : IRS, Tax related strategies--Traders

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: paul boudreau who wrote (65)	2/17/1998 10:14:00 PM
From: Colin Cody	Read Replies (3) of 1383

Paul, Yes interest on a margin account CAN BE, and likely usually IS deductible, subject to the rules and limitations associated with interest expense payments and accruals. . I wonder who defines "passive activities" (and where) as "any business activity in which you do not materially participate"? . An INVESTOR holds stocks as a PORTFOLIO. A TRADER holds stocks as a CAPITAL ASSET in an Active trade or Business A DEALER holds stocks as INVENTORY. . Colin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next