Taxes on Self-Directed IRA Margin | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


Taxes on Self-Directed IRA Margin

  #1 (permalink)

Anaheim, CA
Posts: 1 since May 2015
Thanks: 0 given, 0 received

Taxes on Self-Directed IRA Margin

I currently trade futures ETFs with my IRA, but was considering trading the straight futures with a self-directed IRA via Midland. Then I came across a note on another website that said that I had to pay taxes on borrowed money. So here's my question to someone on this forum who already does this, if I trade at full-margin (e.g., 50% of the contract is borrowed), then do I pay taxes on that 50%? I believe the answer is yes, but I would like to hear from someone who already does this.

Reply With Quote