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Re: trader status question



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That is not what he told me when I met him.  AMA

William Brower wrote:

> Yes I know Ted personally. You should get your facts right before you make a
> statement. Ted does trade.
>
> At 11:24 PM 3/29/99 -0800, you wrote:
> >Have you ever met Ted?  I have.  He is trying to sell books and arouse interest
> >to expand his accounting business (which is in Fla., N.Y., and soon Marina Del
> >Rey, Ca.).  Atleast, that is what he told me.  I am not saying the information
> >he is giving out is incorrect.  However, it is not applicable to the majority
> >of poeple in our business. Oh, by the way, psst! --  he doesn't trade!!  AMA
> >
> >William Brower wrote:
> >
> >> 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
> >
> >
> >
> >
>
> William Brower
> Publisher of TS Express
> Email: 1000mileman@xxxxxxxxxxxxxx
> Web: http://www.insideedgesystems.com