MoneyMasters Course – How to Be Eligible for Substantial Tax Savings as a Trader
Right before the crucial end of the year, you won’t want to miss this timely and practical MoneyMasters℠ course by trader tax expert, Robert Green, CPA, of GreenTraderTax.com, as he explains the tax advantages of “trader tax status” (TTS).
In this in-depth class, he will cover:
- The golden rules in detail for how to be eligible for and claim TTS, no election is required.
- Automated trading systems (ATS) can qualify for TTS, providing the trader is significantly involved with the ATS. Trade copying software might not be eligible.
- TTS traders deduct business expenses, startup costs, and home office expenses, whereas investors cannot.
- Learn how TTS traders use an S-Corp to deduct health insurance and retirement plan contributions.
- TTS traders are entitled to elect Section 475 MTM ordinary gain or loss treatment. Section 475 trades are exempt from wash sale losses on securities, and the $3,000 capital loss limitation.
- Section 475 income, net of TTS expenses, is eligible for the 20% qualified business income (QBI) deduction if the trader is under the taxable income threshold.
- Learn current tax developments that might affect traders.
A local CPA is likely to miss out on certain trader tax rules, deductions, and nuances, but Robert Green won’t. And, after this course, you won’t either!
*Tickets are $139 per person; all sales are final. If you miss the live course, you can always watch it on demand at a later date.
