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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Colin Cody who wrote (1714)1/6/1999 7:24:00 PM
From: The Fly  Read Replies (1) of 5810
 
I've read just about everything on the Fairmark site and have determined that I'm a Trader and will use Mark to Market. Also, it looks like I won't be subject to SECA taxes. I still have one unanswered question....will I be allowed to deduct 100% of my trading expenses from my gains? Expenses such as fees for Level II service, ISP costs, computer equipment, etc???
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