Hi Adam, I'm not sure what you mean here, but thanks for your contributions to the elite trader thread. A taxpayer elects Section 475 MTM...
Caution the rules for segregation of investments from business trading positions with 475 are nuanced and severe if you don't follow them well....
See how to qualify for trader tax status on our website here http://www.greentradertax.com/trader-tax-center/trader-tax-status/how-to-qualify/....
Prop trading firms who skip the Section 475 MTM election have tax problems potentially causing inequities for their LLC member traders over wash...
We answer these questions on our blog http://www.greentradertax.com/tax-treatment-for-nadex-binary-options/
For sure, UBI issues affect Roth IRAs too. If a Roth IRA carries on a business activity it will have UBI and owe UBIT. That would be a really bad...
According to Form 990-T instructions http://www.irs.gov/instructions/i990t/ch01.html#d0e78 a Roth IRA is listed under "Who Must File" - Excerpt...
Retirement plan investments in publicly traded partnerships generate tax bills Most Master Limited Partnerships (MLPs) conduct business...
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...
You can claim trader tax status (TTS) for 2014 if you qualify - meet our Golden Rules - and there is no election required. Section 475 MTM...
The Patient Protection and Affordable Care Act (also known as Obamacare) enacted in 2012 has taken several years to implement and phase in. But...
Basically correct, but technically it's a bit different. PR taxes PR-source income and the U.S. taxes non-PR source income - the two systems work...
If you hold onto your legal residency - U.S. citizenship or green card - during those 10 years as a U.S. resident abroad, you probably face the...
Read our page International Tax Matters. http://www.greentradertax.com/trader-tax-center/international-tax-matters/. Excerpts: U.S. residents...
Two issues. Only a few foreign futures contracts qualify for lower Section 1256 60/40 tax rates. They obtained a CFTC no action letter and IRS...
Yes, you got it right. With Section 475 MTM and trader tax status, you get unlimited business loss treatment. If you have wage income of 80k and...
Tradelog remains the best solution on the market for securities traders. It's the only solution that handles taxpayer compliance fully and...
Classic problem. The IRS sends jeopardy assessments - made up amounts - for securities 1099-Bs as they can't be sure a taxpayer has capital gains...
The biggest tax benefit of Section 475 MTM is "tax loss insurance" - ordinary business loss treatment and avoiding capital loss limitations and...
Read my blog about New Yorkers trying to avoid NYS/C taxes with Florida homes. It's not easy....
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