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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
333	You would net your gains and losses against one another. Wash sale rules only	WallStBum	-	6/16/1998
332	What about trading losses in stocks that were then traded again before thirty d	Jay Lyons	-	6/16/1998
331	<i>You're thinking too complex. Started year with 100K cash and ended	Colin Cody	-	6/8/1998
330	Cody- You're thinking too complex. <i>Started year with 100K cash an	Gary Payton	-	6/7/1998
329	<i>I started the year with 100K and ended with 200K, with 10K spent on br	Colin Cody	-	6/7/1998
328	Assuming you mean that you ended up with 100k profit <b>NET OF COMMISSION	Monty Lenard	-	6/6/1998
327	Fellas- I just had a quick question about taxes on trading profits. If, say I	Gary Payton	-	6/6/1998
326	Colin, the first few paragraphs are to refresh MY memory of MY reference to 75-	Monty Lenard	-	6/5/1998
325	Monty I finally got around to look up Rev Ruling 75-523 as you referenced in yo	Colin Cody	-	6/5/1998
324	All: Can buying puts trigger a "constructive sale" when you also hav	zebraspot	-	6/3/1998
323	jg, <i>for example trading derivatives against a core holding, which can	Colin Cody	-	5/25/1998
322	Ok Ok.. was just quibbling over the definition of a trader. To me a real trade	j g cordes	-	5/25/1998
321	It's OKAY to hold over-night, actually "they say" you can even h	Colin Cody	-	5/24/1998
320	Ask the IRS...that's who you have to prove it to if you get audited. I'	Street Walker	-	5/24/1998
319	ST you seem to be taking the stance that trader is an occupation in that you	j g cordes	-	5/24/1998
318	Colin could answer your question better. ...cause he's answered it many ti	Street Walker	-	5/24/1998
317	IF one trades a great deal AND runs other businesses can one claim "trader	j g cordes	-	5/24/1998
316	Colin thanks again, But sorry I can't see myself in a Mercedes, I will se	Adivino	-	5/23/1998
315	TRADERS, DEALERS AND INVESTORS The following table summarizes how dealers, tra	Monty Lenard	-	5/23/1998
314	Colin, here is one that may be of interest to those who have another job and wa	Monty Lenard	-	5/23/1998
313	Prospector, Yes the items you listed are mostly legit DEDUCTIONS. (there are li	Colin Cody	-	5/23/1998
312	Thank You Colin, But since I do receive my retirement check without taxes I w	Adivino	-	5/23/1998
311	"Keep in mind this new source of income is brand new to you. WILL IT CONTI	Monty Lenard	-	5/23/1998
310	<...General Partnership or Joint Venture....> Have no problem with that!	Monty Lenard	-	5/23/1998
309	Have you read Mayer v Comr; Moller v US; King v Comr; Paoli v Comr and Walker v	Monty Lenard	-	5/23/1998

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