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

An SI Board Since June 1996

Posts	SubjectMarks	Bans
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Emcee:	Type: Unmoderated

Introduction Compact

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Reply	Message Preview	From	Recs	Posted
733	Philip- Sorry. I just saw you were already on that thread. Very intersesting	WallStBum	-	2/21/1999
732	Also, 1. As a trader do I have to register for a business license with the St	Logistics	-	2/21/1999
731	HELP. This is the first year I am taking trader's status. Do I have to it	Logistics	-	2/21/1999
730	Philip, you should post your link to this thread too. dax exchange2000.com	WallStBum	-	2/19/1999
729	Many people integrate an offshore element into their trading activity so that t	Philip S. LaMar Jr., J.D.	-	2/19/1999
728	Thanks for the link - interesting reading. Did everyone see the quote from Kay	WallStBum	-	2/16/1999
727	About books again: So what kind of life should they be depreciated over. I cou	WPC9999	-	2/15/1999
726	Nice timely article, Barb. I am afraid that the upsurge in people claiming Tra	mod	-	2/14/1999
725	If you are a trader and nothing else, and have a net loss from your trading, yo	robbie	-	2/14/1999
724	<i>"Now, every investor with a full-time job and an internet brokera	Mama Bear	-	2/14/1999
723	I'll try again too. I understand what you are saying. But Traders are dif	mod	-	2/14/1999
722	mod, I'll try one more time. Traders (or any other person in a trade or bu	robbie	-	2/14/1999
721	Mod, To use Sec 179 in a given year you MUST have income from any trade or busi	Colin Cody	-	2/14/1999
720	Robbie, Traders, as compared to Investors or Dealers, have a unique tax positi	mod	-	2/14/1999
719	Colin, right. That's the point I was trying to make: You must have net taxa	robbie	-	2/14/1999
718	mod, As an additional afterthought -- §179 and depreciation is limited fur	Colin Cody	-	2/14/1999
717	mod, I added to my reply #715 which you missed when replying to it before it wa	Colin Cody	-	2/14/1999
716	Well, Robbie has posted (#reply-7823445) that what my CPA has done is wrong, so	mod	-	2/14/1999
715	mod, what I said was: Message 7823128 Additionally I agree with what your CPA	Colin Cody	-	2/14/1999
714	mod, I'll leave it at this - If your CPA is taking Sec. 179 on a Schedule C	robbie	-	2/14/1999
713	Colin, Are you saying traders cannot deduct their computers, etc?	mod	-	2/14/1999
712	Traders never have any income on Schedule C, yet can deduct their expenses. My	mod	-	2/14/1999
711	Sec 179 is not allowable for investment assets. Sec 179 is restricted to TRADE	Colin Cody	-	2/14/1999
710	Consult your tax advisor - here is the wording: <b>The maximum Code Sec	robbie	-	2/14/1999
709	<<But, you must have net profit to use 179. >> Not if you are fili	mod	-	2/14/1999

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