Proprietary Trader Tax Treatment & Recent Developments (Recording)
Join proprietary trader tax expert Robert A. Green, CPA as he explains:
– Tax treatment for proprietary traders including independent contractors (IC) filing a Schedule C vs. LLC members filing Schedule E. Learn how prop traders maximize business expenses.
– IC prop traders have self-employment income (SEI) needed for employee-benefit plan deductions (health insurance and retirement plans), but LLC members do not.
– IC reinvested earnings are “constructive receipt of income” and some prop trading firms have incorrectly omitted this income from annual tax form 1099-Misc. (Read our recent blog post: Some Proprietary Traders Under-Report Income.)
Our live event is complimentary, and we plan to offer a recording on this page.