IRS, Tax related strategies--Traders Message Board

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

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To: K. M. Strickler who wrote (69)	2/18/1998 12:08:00 AM
From: Colin Cody	Read Replies (2) of 1383

Ken, Thanks for the kind words. . Give some thought to putting your IRA into a ROTH IRA sometime during 1997. If your AGI is under 100K it MIGHT be worth your while to pay taxes NOW rather than pay 'em after you retire. . BTW when I was in my file this week to post some citations I re-read one of an IRA (or pension) that had problems being a TRADER, and an "illegal" so-to-speak activity for the IRA to be doing. . I'm not an IRA expert, so you are on your own! (g). The cite is GCM 39597 2/4/87 87 TNT 23-9 dealing with issues of a TRADER, Tax Exempt 501c status and UBTI. . Colin

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