same here. if anyone wants to "check work" on Form 3115/other filing stuff or has a sample of the form, please DM me!
It's been awhile since this post - I'm wondering if you're still using him for tax preparation and would you still recommend? ACtively looking for someone other than Green... Thanks!
%% ANY or any CPA that do small business can do well; a tax book could help\ not that i would do part time taxes or brain surgery with a book alone . I do like an estimate on the phone or in person, like for 10 or 20 pages of federal tax forms. HR Block lady said '' i cant give you an estimate'' Sure she can on 10 or 20 pages, she just does not want to or must not be a good price @ all or she does not want to admit she does not much business or trading. IF you get an IRS audit or your book - tax experiment; let us know how it turns out. MONEY Maga zine did a real complex tax return, some years with a bout 50 different CPAs doing it+ about 50 different taxes numbers owed. So i never try to squeeze last nickle out of IRS
What trader tax benefit can you get WITHOUT TTS? AFAIK, you are just a Schedule D "investor" without TTS.
There’s no benefits per se, but if you have the mind and time, you can dance the trading activity you did. With active trading there’s a cap to losses, with TTS you’re not subject to the same cap You have more freedom as a Schedule D "investor" but the devil is in the details, with TTS its closer to straight forward debits and credits