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  1. Is it too late to qualify for 60/40 taxes??

    Okay , the CPA got an answer back to me .. From what I understand.. If you have an open futures position in 2010 than you can file form...
    Post by: cml2949, Apr 12, 2011 in forum: Taxes and Accounting

  2. Is it too late to qualify for 60/40 taxes??

    I need to educate myself more.. My CPA may not know, but either do I.. I just contacted a firm that specializes in futures trading.. If I...
    Post by: cml2949, Apr 11, 2011 in forum: Taxes and Accounting

  3. Is it too late to qualify for 60/40 taxes??

    Well, I passed information to my CPA about the form 6781. He said that since all my futures contract positions were closed out before year end...
    Post by: cml2949, Apr 11, 2011 in forum: Taxes and Accounting

  4. Is it too late to qualify for 60/40 taxes??

    I actually have no idea.. I just see them punch in numbers into a program ..
    Post by: cml2949, Apr 11, 2011 in forum: Taxes and Accounting

  5. Is it too late to qualify for 60/40 taxes??

    Will than the capital gains be taxed at 60/40? I'm afraid that even with the form they may still not tax me correctly. Hopefully , the...
    Post by: cml2949, Apr 11, 2011 in forum: Taxes and Accounting

  6. Is it too late to qualify for 60/40 taxes??

    I see that they put my futures trading on a schedule d under short -term capital gains and losses.. The only other form I see is form 6251 not...
    Post by: cml2949, Apr 11, 2011 in forum: Taxes and Accounting

  7. Is it too late to qualify for 60/40 taxes??

    Glad you all so far are enjoying this thread.. I have hired a cpa and they didn't mention about 60/40.. Thanks for caring, but I know this...
    Post by: cml2949, Apr 10, 2011 in forum: Taxes and Accounting

  8. Is it too late to qualify for 60/40 taxes??

    Is it too late to qualify for 60/40 taxes for last years trades? If so, what are the requirements?
    Thread by: cml2949, Apr 10, 2011, 30 replies, in forum: Taxes and Accounting

  9. Broker in Illinois but living out of the country,which do I pay capital gains tax on?

    Oh yes, I definitely agree with you. This forum shouldn't be the final stop for questions and answers. You did make a good point about the tax...
    Post by: cml2949, Apr 3, 2011 in forum: Taxes and Accounting

  10. Broker in Illinois but living out of the country,which do I pay capital gains tax on?

    Let's dream here with the most perfect senerio.. You make 200k a yr .. So you buy a house in Alaska, where there is no capital gains tax.....
    Post by: cml2949, Apr 1, 2011 in forum: Taxes and Accounting

  11. Broker in Illinois but living out of the country,which do I pay capital gains tax on?

    how are you suppose to profit when you get taxed 30% from state and federal combined.. that's not including the comis and fees you pay the...
    Post by: cml2949, Apr 1, 2011 in forum: Taxes and Accounting

  12. Broker in Illinois but living out of the country,which do I pay capital gains tax on?

    sorry if this is a repost, but I didn't see this question in the threads.. if I use a broker in Illinois , but live outside of the country,...
    Thread by: cml2949, Mar 31, 2011, 5 replies, in forum: Taxes and Accounting

  13. Light Sweet & Brent Crude at ICE

    yes spreads ...light sweet vs. brent crude through ice
    Post by: cml2949, Sep 3, 2010 in forum: Commodity Futures

  14. Light Sweet & Brent Crude at ICE

    well, it's been a year almost and I wanted to keep this thread live.. volitility has been extreme these last few days.. Very difficult to...
    Post by: cml2949, Sep 2, 2010 in forum: Commodity Futures

  15. Light Sweet & Brent Crude at ICE

    I would be interested in looking at links that you suggested about sharing? I look at no news at all other than the price of oil.. Maybe it...
    Post by: cml2949, Oct 19, 2009 in forum: Commodity Futures

  16. Light Sweet & Brent Crude at ICE

    After about 10 weeks of testing and tweeking my strategy, I have remain profitable. Other than a few mistakes of days not to trade this spread...
    Post by: cml2949, Oct 17, 2009 in forum: Commodity Futures

  17. Light Sweet & Brent Crude at ICE

    Day4night, you seem to have a lot of experience and I can tell by your knowledge that you are quite successful .. it can be intimidating to...
    Post by: cml2949, Aug 10, 2009 in forum: Commodity Futures

  18. Light Sweet & Brent Crude at ICE

    day4night, went live today.. thanks for your advice.. Now I just have to see the statements and find out what the comis and fees are !
    Post by: cml2949, Aug 7, 2009 in forum: Commodity Futures

  19. Light Sweet & Brent Crude at ICE

    day4night, I got an account set up with Dorman .. They do offer the WTI/Brent spread .. I'm waiting for them to set up a platform for me? Not...
    Post by: cml2949, Aug 6, 2009 in forum: Commodity Futures

  20. Light Sweet & Brent Crude at ICE

    Yes definitely the spreads are way less volatile than the crude alone. Enough liquidity to get some action though.. Your right the big orders...
    Post by: cml2949, Aug 3, 2009 in forum: Commodity Futures
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