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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (177)2/26/1998 11:14:00 PM
From: Jack Chen  Read Replies (1) | Respond to of 1383
 
Hello Colin: I wonder if you can pay certain % of each trade as consulting fees to another person or a company?? If you can do it, I wonder if this consulting fee can be treated as addition to broker's commission and gets deduct from the trade gain?? Thanks



To: Colin Cody who wrote (177)3/4/1998 6:32:00 PM
From: steve w  Read Replies (2) | Respond to of 1383
 
Filing tax returns:

I have a question regarding the filing of taxes. As a SOES trader, I have hundreds (thousands) of pages of transactions. How do you physically file your tax return?
Do you have to manually enter each buy & sell transaction, or is there some other method of providing proper documentation?

thanks.


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