POLL: What is your primary Tax Minimization method?

Discussion in 'Educational Resources' started by rcanfiel, Sep 30, 2007.

POLL: What is your PRIMARY Tax Minimization method?

  1. Considering or use [b]Unemployed[/b] status and all my profits are capital gains

    6 vote(s)
    11.1%

  2. Considering or use my [u][i]IRA[/i][/u] to trade

    4 vote(s)
    7.4%

  3. Considering or use an [b]LLC/S Corp[/b]

    9 vote(s)
    16.7%

  4. Considering or use [u][i]Professional Trader[/i][/u] status

    8 vote(s)
    14.8%

  5. Considering or moved to a [b]lower tax country[/b]

    6 vote(s)
    11.1%

  6. Considering or use [u][i]tax free/tax efficient[/i][/u] instruments

    3 vote(s)
    5.6%

  7. Considering or use [b]losses[/b] to offset other gains

    3 vote(s)
    5.6%

  8. Considering or use a [u][i]knowledgeable CPA[/i][/u]

    7 vote(s)
    13.0%

  9. I have a friend who is considering or uses [b]tax evasion[/b]

    6 vote(s)
    11.1%

  10. Considering or use [u][i]something else[/i][/u]

    2 vote(s)
    3.7%
  1. rcanfiel

    rcanfiel

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    #11     Oct 4, 2007
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  2. rcanfiel

    rcanfiel

    .
     
    #12     Oct 4, 2007
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  3. timbo

    timbo

    What's with all the periods? If you have something say, say it.
     
    #13     Oct 4, 2007
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  4. JimBob56

    JimBob56

    Dipshit
     
    #14     Oct 4, 2007
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  5. rcanfiel

    rcanfiel

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    #15     Oct 5, 2007
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  6. rcanfiel

    rcanfiel

    .
     
    #16     Oct 18, 2007
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  7. rcanfiel

    rcanfiel

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    #17     Oct 19, 2007
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  8. trader_arb

    trader_arb

    Futures are marked to market daily = realized gain/loss = no tax advantage.

    The benefit of the 60/40 election is that you can claim a loss higher than the typical $3,000/yr capital loss.

    Blowing up an account or two will also ensure you do not have to pay tax for some time.
     
    #18     Oct 19, 2007
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  9. rcanfiel

    rcanfiel

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    #19     Oct 31, 2007
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  10. rcanfiel

    rcanfiel

    .
     
    #20     Nov 1, 2007
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