Huge Tax Break For Traders.

Discussion in 'Taxes and Accounting' started by Free Thinker, Mar 29, 2002.

  1. nitro

    nitro

    Big,

    Are you a Cuban citizen, or have you gotten your citizenship, or were you born here?

    nitro
     
    #21     Apr 1, 2002
  2. Puerto Rico is a US territory, what are the tax implications there?
     
    #22     Apr 1, 2002
  3. Born in Cuba, been here since 69, when I was 5, I am a US citizen.
     
    #23     Apr 1, 2002
  4. Not too good if you are US, improving if you are non-US.
     
    #24     Apr 2, 2002
  5. This thread was started based on using NOL's to be carried back. I am confused. Isn't a good trader one who can make money in any market anytime without the need for momentum? Why would you have a loss?

    Just asking...
     
    #25     Apr 7, 2002
  6. "This thread was started based on using NOL's to be carried back. I am confused. Isn't a good trader one who can make money in any market anytime without the need for momentum? Why would you have a loss"

    you have to be kidding.since 80% of traders fail it seems clear that not everyone is a good trader.and many who think they are good traders are just temporarily lucky and eventually blow up.think of a nol carryback as loss insurance.
     
    #26     Apr 7, 2002
  7. bro59

    bro59

    #27     Apr 7, 2002
  8. Yes, with a Florida install address.
     
    #28     Apr 8, 2002