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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
208	Joel, I gained on some trades and lost on others. Bottom line of all the losse	Daniel Elkayam	-	3/6/1998
207	I agree with much of what Joel had to say... except... . Not all the losses fo	Colin Cody	-	3/6/1998
206	NO............unless you think you can elect trader status........... and mark	Box-By-The-Riviera™	-	3/5/1998
205	Colin or Joel: I traded full time in 97 and also held a full time job after ma	Daniel Elkayam	-	3/5/1998
204	Limiting your trading to OPTIONS would neither preclude you nor guarantee you o	Colin Cody	-	3/5/1998
203	A question for any one knowledgable. If one only trades stock options and inde	The Jedi	-	3/5/1998
202	Thanks, I'm going to do that I think. Sheri	Sheri	-	3/5/1998
201	Probably a good idea to group the trades: Short-term Medium-term and Long-te	Colin Cody	-	3/5/1998
200	My accountant has been doing that for years. He takes my excel spreadsheet, wh	mod	-	3/4/1998
199	I was wondering if I could attach my Excel file. eom	Sheri	-	3/4/1998
198	I've never prepared a return with thousands of trades... but I list every	Colin Cody	-	3/4/1998
197	Filing tax returns: I have a question regarding the filing of taxes. As a SOES	steve w	-	3/4/1998
196	Dan, You need to have trading activities that rise to a level which constitutes	Colin Cody	-	3/1/1998
195	Colin, I get the sense from your posts that in order to claim trader status, y	DanZ	-	3/1/1998
194	Dennis, you asked: " are you then saying that you can use losses on a tr	Colin Cody	-	2/27/1998
193	Colin, are you then saying that you can use losses on a trading schedule C to a	mod	-	2/27/1998
192	Yes, you may pay a bona-fide consulting fee as a deductible Trader's Expens	Colin Cody	-	2/27/1998
191	Dennis, the point is each taxpayer AGGREGATES all his Self-Employment income (S	Colin Cody	-	2/27/1998
190	Colin: Yes..the idea is to create expense off the trading gain from the trading	Jack Chen	-	2/27/1998
189	Colin, you don't net the schedule C's. They are for separate businesse	mod	-	2/27/1998
188	Great News! IRS responds to my inquiry on contradictions in the law and how the	Colin Cody	-	2/27/1998
187	Dennis, Only problem is with 4 Sch Cs Husband +150,000 Husband -335,000 Wife	Colin Cody	-	2/27/1998
186	Colin, sorry, I didn't give all the details. You are right, it needs to be	mod	-	2/27/1998
185	Colin, how about a casual short term trader who trades the same stock within 30	campe	-	2/27/1998
184	Dennis, Yes and No. I see that could be a nice little situation! But it depe	Colin Cody	-	2/27/1998

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