Thanks for your insight. So it looks like it MAY be possible to qualify for the college degree deduction (either a masters in finance and/or an...
could I also start an unrelated business and use those losses to offset my total tax obligation with no maximum?
thank you the1. please let me know whether a finance degree (and possibly an mba) are able to be deducted. have a nice weekend!
would the certificate courses at NYIF be eligible for a tax deduction? http://nyif.com/
haha it was worth a shot. trying to get as many deductions from trader tax status as i can :cool: thanks guys
i see, no go on the college degree even if it is part time and has some relevance to trading? thought i was clever by thinking of that but i guess...
For a profitable trader who qualifies for trader tax status and if needed creates an entity, would these items be fully deductible with no limit?...
does anyone know approximately how many shares someone could trade on a fairly liquid stock through fidelity with minimal slippage? 10k+?...
exactly what I was thinking. thanks for your help guys
what about for trading profits? would someone get taxed the prevailing state income tax rate even if they are only visiting for 1-2 weeks at a time?
and you wont need to pay state taxes in the state you are visiting as long as you are living in your tax free state for 180+ days correct?
does anyone have any experience moving to a no income tax state such as florida, nevada or washington? how many days does someone generally...
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