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: Colin Cody who wrote (55)	3/15/1998 6:44:00 PM
From: Allen Furlan	Read Replies (1) of 1383

Colin, you are very will versed on the subject of trader status. Could you please answer a simple question for me. Is a person who trades several hundred times a year and does this full time, but not as a day trader, eligible for trader status. Many of my trades are for 2 to 6 weeks, and all my net profits are short term capital gains, yet I have been frustrated that my expenses are less than 2% of my income and therefore not deductible. Any insight would be appreciated.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next