How To Achieve Tax Savings As A Trader

16 Sep

Sep 16, 2021 at 12:00 pm EST


Presentation Slides

Join Robert A. Green, CPA, of as he explains the tax advantages of “trader tax status” (TTS).

  • Learn the golden rules for eligibility for TTS for full-time or part-time traders. You can claim TTS for all or part of 2021 and 2020; the IRS does not require an election for TTS.
  • Automated trading systems (ATS) can qualify for TTS, providing the trader is significantly involved with creating the ATS. Using software or services that mimic other people’s trades is not eligible for TTS.
  • TTS traders deduct business expenses, startup costs, organization costs, and home office expenses, whereas investors cannot.
  • Learn how TTS traders use an S-Corp to deduct health insurance premiums and high-deductible retirement plan contributions.
  • TTS is a pre-requisite for using Section 475 MTM accounting which exempts securities trades from wash sale loss adjustments, navigates around the capital loss limitation, and unlocks a qualified business income deduction.

If you can’t join us live, register, and you will automatically receive a link to the recording after the session ends. You don’t have to be a client of IBKR.


IBKR is hosting the Webinar


Re: Won tax case in Kentucky. Whew! When I learned the good news this afternoon, I can’t begin to tell you what a relief I experienced to be liberated from the year-long tax nightmare involving Ryyyy LLC! As all of us sadly know, simple justice is often not simple at all but can be financially and emotionally draining. The fact that it has prevailed this time is largely thanks to the support of each of you. Please know that your efforts on my behalf will ever be remembered with gratitude. I hope that in the future I can thank each of you in person.