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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (447)1/14/1998 10:07:00 PM
From: Box-By-The-Riviera™  Respond to of 5810
 
but if he can mark to market then the whole thing becomes ordinary income...i.e. sched c....... but don't do it stan.... it's more complicated than it's prob worth....and the benefits must out shine the increased self employement taxes....unless you want to help support the ss and medicare systems...

Joel



To: Colin Cody who wrote (447)1/14/1998 10:50:00 PM
From: Stan Harrison  Read Replies (1) | Respond to of 5810
 
Colin,
Thanks for taking the time to respond to my questions. It
was very helpful. I may visit with you later.
How long have you been trading? Are you a day-trader or
position-trader?


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