2018-02-21, 10:58 AM
(2018-02-21, 06:07 AM)guest1221 Wrote: Hi bro Cdoan , it is a little bit complicated to go this route . The IRS does not allow trading as a business activity in a LLC or " company " . Therefore one can not claim trading gain or loss as " income / expense " thus you can not deduct other expenses as a company when filing tax . All profits and losses are considered taxable just like an individual tax bracket. This is for normal trading , meaning you buy and sell now and then .
If you are a true day trader , meaning you have more than a certain numbers of transactions daily , as in trading full time , then you might apply for a " trader status " with the IRS . In this situation , you can use the complicated tax law to report gain , loss , claim business expenses and other deductible items.
Bottom line, Khoa nghĩ bro cũng như Khoa , we don't buy and sell everyday , so bro open a LLC , không có make any differences in tax reporting annually .
Mới nói chuyện với tụi broker thì cũng chẳng khó gì. Cũng như là individual trading account thôi. Thuế má cũng như vậy. Có điều là chỉ under LLC name và tã id thôi. Chắc đi đường này để phòng hờ.