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Strategies & Market Trends
IRS, Tax related strategies--Traders

An SI Board Since June 1996

Posts	SubjectMarks	Bans
1383	160	0

Emcee:	Type: Unmoderated

Introduction Compact

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Reply	Message Preview	From	Recs	Posted
1183	Thanks Colin.	tony	-	6/5/2000
1182	If done properly, there is no immediate tax due when rolling a Keogh into a rol	Colin Cody	-	6/5/2000
1181	Tony, IMO, based on the organizational set-up you've described & depend	Colin Cody	-	6/5/2000
1180	Thanks Colin, I have set up a Md LLC based on editing a template operating ag	TonyAylward	-	6/4/2000
1179	Does anybody knows moving money from Keogh to IRA will trigger tax liability? T	tony	-	6/2/2000
1178	Patrick, <i>I missed my chance to become trader status with the IRS as th	Colin Cody	-	6/2/2000
1177	Thanks Colin, I missed my chance to become trader status with the IRS as the A	Patrice Gigahurtz	-	6/1/2000
1176	This link is more appropriate: traderstatus.com Again, it's easy to confu	Jon Tara	-	5/31/2000
1175	You can have as many IRAs as you wish, and whether you happen to be a trader or	Colin Cody	-	5/31/2000
1174	Hi Colen, Thanks for your response. So if I change next year to trader status	Patrice Gigahurtz	-	5/31/2000
1173	Generally a trader may not have a Keogh retirement account because generally s/	Colin Cody	-	5/31/2000
1172	Patrice, of course that is a question for your tax professional. :) But I don&	Jon Tara	-	5/14/2000
1171	Jon: I just thought of something. What if you had an IRA account set up years a	Patrice Gigahurtz	-	5/14/2000
1170	Patrice, that is correct. Since you didn't elect "mark-to-market"	Jon Tara	-	5/11/2000
1169	Thanks Jon, I had confused the "mark-to-market" status with "tra	Patrice Gigahurtz	-	5/11/2000
1168	Actually, there is no "trader status" window. There is only a "	Jon Tara	-	5/10/2000
1167	Thanks Jon: I don't want to confuse this issue but I was told at another SI	Patrice Gigahurtz	-	5/10/2000
1166	But being a full-time trader and electing mark-to-market account are separate i	Jon Tara	-	5/10/2000
1165	<i>So, is self-employment tax due on your trading profits?</i> Acc	davealex	-	5/10/2000
1164	Patrice, you make a good point. And I'm afraid I don't know the answer,	Jon Tara	-	5/10/2000
1163	underdog430: If one becomes a "trader" status for IRS purposes does t	Patrice Gigahurtz	-	5/10/2000
1162	Colin, Thanks for your response. Shouldn't I send the IRS proof the fund	Jeff Jordan	-	5/7/2000
1161	1. Does my cost basis in AKAM equal $6602 divided by 89 shares which equals $74	Colin Cody	-	5/7/2000
1160	1. Does my cost basis in AKAM equal $6602 divided by 89 shares which equals $74	Colin Cody	-	5/7/2000
1159	Jeff, there's a 2% penalty for giving a rubber check to the IRS. Save your	Colin Cody	-	5/7/2000

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