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POLL: What is your primary Tax Minimization method?

  1. What is your primary Tax Minimization method?
     
  2. Negative P&L.
     
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  4. Since most traders seem to lose money, I suppose you are right...:eek:
     
  5. trade future, that's it!
     
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  7. Could you please expand on the benfits to futures.

    I read elsewhere that they are taxed 60% long term capital gain and 40% short term (or vice versa). Is this correct?

    Thank you,

    I personally prefer the positive P&L :)
     
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  13. What's with all the periods? If you have something say, say it.
     
  14. Dipshit
     
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  18. 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.
     
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  21. Actually you are totally wrong, you can still only write off a 3K loss/ tax year. MTM accounting is a totally unrelated issue.
     
  22. I was wondering about that, also.
     
  23. Why is it outrageously more taxable than stocks??!!