SI
SI
discoversearch

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.
Non-Tech : Enhancing Profits Through Incorporating
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Little John who wrote (77)7/14/1998 9:09:00 AM
From: Colin Cody  Read Replies (2) of 88
 
I realize this post is VERY old, but for those reading now - the answer to the IRA issue is that the premise is wrong. the IRS might object to a expense deduction because all of the income is deferred. An IRA, Keogh, Pension etc. does NOT defer income derived from a trade or business ie. a TRADER.
.
Such income (in an IRA, pension etc.) is UBTI and subject to very punitive tax rates, other than the annual $1,000 tax-free exclusion.
.
A TRAP for the unwary, but one that is likely fully disclosed in the teeny tiny print somewhere in your IRA documentation.
.
Colin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News