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Re: trader status question



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Wouldn't it make more sense to incorporate and do all trades through the 
corporation? 

Cheers,

Jim

On Mon, 29 Mar 1999, Phil Lane wrote:

> several sources on the web are telling me it's not necessary to pay
> self-employment tax if you declare Trader status. Especially if you order
> the book. Sounds great, but the cpa says not really, since it's "ordinary"
> income (just like you get with a real job <g>).
> 
> wahhhhh??? (tm goh.com) or what?
> 
>