taxes on trading futures in corp account

Discussion in 'Index Futures' started by john12, Feb 12, 2007.

  1. john12


    obviously the 106r corp account cuts your commissions on the es or ym in 1/2. my question is when trading in a corp account like an llc you lose the 60/40 tax treatment correct? also do you have to pay fica? if this is the case you'd have to trade 5000 contracts or more a month to make up for the fica taxes and lack of 60/40 treatment