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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (98426)	3/25/2003 1:56:39 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

Hey Mike, I am thinking of claiming status with the IRS as a trader rather than in investor. Did you do this before you went back to a job? Were there any hassles with the IRS if you did? I have recently rented an office, and while I can probably find other justifications for deducting all my expenses without claiming to be a trader, it might clarify things. Am also thinking of taking the mark to market option for reporting income. I am not asking for tax advice. I just wondered if you did this. I have never known anyone who did.