Proprietary Trader Tax Treatment & Recent Developments (Recording)
56-minute video streams on all devices.
Jun 21, 2016 at 4:15 pm EST
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.