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Has anybody on this list actually claimed trader status and filed their taxes as such last year?
If so, would you please share your experiences, hints, tips, any problems with the IRS, etc. with the rest of us?
As far as I can see, this is a VERY gray area, and although I fully qualify as a full time private daytrader, I am hesitant to
file as one, because I really would hate to be hassled by the IRS, end up with an audit or at a tax court just to save a couple of grand.
Thanks and best regards,
Levent
-----Original Message-----
From: G.John Boggio [SMTP:boggio@xxxxxxxxx]
Sent: Sunday, January 24, 1999 11:25 PM
To: RealTraders Discussion Group
Subject: GEN: Trading and Taxes - TheStreet.com
Realtraders,
Below is an article which I copied from TheStreet.com regarding trading
and taxes. I thought I would post it because every year at this time this
topic becomes prominent on the Forum.
Hope this helps,
John Boggio
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