[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: trader status question



PureBytes Links

Trading Reference Links

Ted Tesser has made it clear that it's not necessary to pay self-employment
tax if you qualify for Trader status.  Ted has detailed the requirements in
his book .

At 09:58 AM 3/29/99 -0800, you 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?
>
>

William Brower
Publisher of TS Express 
Email: 1000mileman@xxxxxxxxxxxxxx
Web: http://www.insideedgesystems.com