There are no secret loopholes for day traders, only informed choices. Trader Tax Status lets you run trading as a business. Section 475 (f) Mark to Market turns that business into one that can ...
In the October 2000 issue of the JofA, t wo tax articles discussed day traders and day trading. One, “Being a Trader in Securities”(page 118), was an excerpt from a longer Tax Adviser article, ...
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