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buzzie77

Registered: Aug 2012
Posts: 65

09-11-12 02:29 AM

Still haven't received my K1 from the prop firm I am with as I had to file late (again). Anyone else dealing with this.

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hitnrun

Registered: Sep 2011
Posts: 514

09-11-12 05:04 PM

Buzzie

What prop firm are you with ?

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Don Bright
Bright Trading, LLC

Registered: Oct 2001
Posts: 11698

09-11-12 08:08 PM

You don't need a K-1 to file actually. They are not attached to the 1040, FWIW. Your taxable income should have been readily available for you.

Still no reason to not have it by now.

__________________
Don Bright (not an alias)
Bright Trading, LLC
http://www.stocktrading.com

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EvOTraderV2

Registered: Jan 2012
Posts: 316

09-12-12 03:32 PM

I haven't received mine either. A lot of extensions being filed this year. I'm still going through all my documents trying to figure out what's going on. I can't really blame the firm though. These tax codes change like a girl changes clothes. I am experiencing the same issues in my non-trading businesses as well. It's not a recession, it's a robbery. It's starting to get a little out of hand with all the licensing requirements and all the other pyramid schemes geared towards people involved in the financial community.

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