News Focus
News Focus
Followers 6
Posts 258
Boards Moderated 1
Alias Born 02/28/2003

Re: elsieCat post# 15830

Monday, 12/08/2003 8:38:51 PM

Monday, December 08, 2003 8:38:51 PM

Post# of 396429
ElsieCat: I filed trader's status for tax purposes last year for the 1st time. The book: The New Trader's Tax Solution: Money Saving Strategies 2nd edition by Ted Tesser, takes you step by step through the process including how to fill out the associated Schedules C and D for traders.

The book is $20 at Traders Library.

It's correct as a few have already stated that you only need totals in Schedule D. More importantly, trader status saves a nice chunk of taxes.

EagleFl


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today