Trader Status and Mark-to-Market

Discussion in 'Taxes and Accounting' started by wiesman02, Oct 22, 2014.

  1. Trading gains are not self-employment income so there's no SE tax. That does not change with trader tax status, section 475, or an entity. One exception: full members of a futures exchange trading futures have self-employment income.
     
    #21     Nov 2, 2014
  2. 1245

    1245

    Thank you.
     
    #22     Nov 2, 2014