Are you a trader or investor?

Discussion in 'Options' started by macosx, Feb 2, 2006.

  1. macosx


    With tax time coming around, I'm looking for help doing taxes and deciding if I should file as a trader. Anyone who files as a trader, please describe your situation and also who does your taxes (how'd you find them)?

    I'm mainly trading options 3-6 months out, sometimes holding 1-2 months, other times closing out hours/days later. Run up a hundred transactions one month, but sometimes don't trade for a couple of months.

    What is a trader?

    I need help finding a tax preparer (please comment here or there):