Replies to post #61443 on Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

Other than the fact that one can write off all expenses, what advantage would one have to designating oneself a "professional" trader?

Would the "earned" income of a professional trader be subject to self-employment tax? Would it impact one's EARLY social security payments? Anyone? TIA

Newly