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Showing results 1 to 6 of 6
Search: Posts Made By: josh
Forum: Traders Hideout April 6th, 2012, 11:21 AM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
Also just having done this a week ago, I would...

Also just having done this a week ago, I would like to wholeheartedly recommend a free service:

https://www.freefilefillableforms.com/

I was linked there from the IRS page, and it's federal...
Forum: Traders Hideout March 26th, 2012, 10:54 PM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
Thanks for the info rpm... Do you have to...

Thanks for the info rpm...
Do you have to create an entity to declare your trader tax status, or can one do this without setting up an entity, much in the same way one can run a business as a sole...
Forum: Traders Hideout March 10th, 2012, 10:25 AM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
So, you plan to lose money? How else do you make...

So, you plan to lose money? How else do you make your account "tax free"?
Forum: Traders Hideout April 2nd, 2011, 06:49 PM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
I deduct things like my office equipment using...

I deduct things like my office equipment using section 179 so I can deduct it all at the same time. I do not deduct anything currently where I have to depreciate it, as I used to when I owned rental...
Forum: Traders Hideout April 2nd, 2011, 06:29 PM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
Why do I need a corp to itemize my deductions? I...

Why do I need a corp to itemize my deductions? I do that already as a sole proprietor.
Forum: Traders Hideout April 2nd, 2011, 10:48 AM
Replies: 276
Sticky: The Tax Thread
Views: 195,982
Posted By josh
I've read some of the articles referenced here,...

I've read some of the articles referenced here, and some of the posts, but can someone who says a corp of some kind is better than reporting as a sole proprietor just bullet-point it? Maybe just 3...
Showing results 1 to 6 of 6

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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