Recent Content by bob2001

  1. IRS defined "investor" vs "Trader Status" as it relates to 1256 Contracts.

    One final question. Are there IRS requirement for a TTS to file as a TTS and not as a individual investor. In my case I don't meet the 720 count...
    Post by: bob2001, Mar 30, 2022 in forum: Taxes and Accounting

  2. IRS defined "investor" vs "Trader Status" as it relates to 1256 Contracts.

    thanks needed that. One other question that came to mind. Am I wrong if you qualified for "Trader Status" you don't get long term anymore if...
    Post by: bob2001, Mar 29, 2022 in forum: Taxes and Accounting

  3. IRS defined "investor" vs "Trader Status" as it relates to 1256 Contracts.

    On 1256 contracts (examples futures contracts) for "investors" the gains/losses are 60% long term 40% short terms with MTM at the end of the year....
    Thread by: bob2001, Mar 29, 2022, 11 replies, in forum: Taxes and Accounting