Exploring Trader Taxes (Charles Schwab Event)

26 Mar

Mar 26, 2015 at 3:30 pm PST

There is no recording of this event.

In this Schwab Virtual Trading Event* presentation, trader tax expert Robert A. Green, CPA of GreenTraderTax.com will cover:

  • Tax treatment and compliance tips for investors vs. business traders qualifying for trader tax status.
  • Deducting investment expenses with limitations on Schedule A and AMT.
  • Trader tax status (business expense treatment).
  • Onerous wash sale loss reporting on securities.
  • How to use software to generate Form 8949 with correct wash sale loss adjustments calculated across all your accounts, including IRAs.
  • Section 475 MTM exempts business traders from wash sale losses and capital loss limitations. Learn how to make a timely Section 475 election by April 15th.
  • Tax treatment for securities, options, Section 1256 contracts, ETFs and other popular trading products.
  • The added benefits of trading in an entity.
  • How to use your retirement plans in connection with investing and trading — and what NOT to do.
  • Obamacare taxes — the individual health insurance mandate and the net investment income tax on upper-income taxpayers.
  • Your trader tax questions.


Please pass along to Star Johnson CPA and Darren Neuschwander CPA that I am very happy with the tax preparation services provided by Green NFH, and I think the fees I have paid are quite reasonable. As it turns out, I took two tax accounting classes in my MBA program in the mid-1980s and I used TurboTax to file my taxes for about 25 years prior to 2013, since during that period my taxes were relatively straightforward.  When I started trading options as my primary source of income I attended a presentation by Robert Green at Trader’s Expo in Las Vegas in October of 2012 and I realized then that there were significant advantages to creating an entity to qualify for trader tax status.  I also realized that my tax situation would be much more complicated, so that is why I started with Green NFH for the tax year 2013.