How to Qualify for Tax Trader Status and Save – A webinar with Robert A. Green
Join Robert A. Green, CPA, of GreenTraderTax as he breaks down the advantages of filing with trader tax status (TTS). Among other benefits,
– TTS traders may use business expense treatment on 2018 and 2019 tax returns. Learn how to qualify for TTS.
– Learn how TTS traders use an S-Corp to unlock employee benefit deductions for health insurance and retirement plans.
– TTS securities traders should consider a 2019 Section 475 election by April 15, 2019, for tax loss insurance: Exemption from capital loss limitations, and wash sale loss adjustments.
– The qualified business income (QBI) deduction might apply to traders with 475 income, but it’s uncertain at this time.
We like Robert A. Green for tax advise as he knows a lot about traders and tax which is a rarity out there. Hopefully this webinar will give you some useful information that you can use for yourself and your trading. Of course, setting up a tax advantaged business that only looses money does not do anyone much good. If you would like to be more consistent with your trading as well, Futures Trading Coach is here to assist. Check out our site, ask questions by using the contact form and if you want to get a bit more hands on with what we do be sure to signup for our FREE 10 day (thats trading days not calendar days) trial. We provide over 25 hours of trading calls and market analysis for your review and is often very insightful for many traders. If you like what you see you can join the call room or inquire about our mentor ship program. There are many services we provide in which we can help you along your journey to being the “best trader you can be”! Click the link below for the informative webinar.