You'll still pay roughly 12% on it, even after inviting mom & pop in. You don't have to pay FICA on all your profits -if structured correctly...
Agreed, -around 12%, after writing off your half.
Looks that you're very close to being dead on funky. Yet, FICA, even after any possible foreign exemption will be15.3% (less the write off for...
LLC- Limited liability corporation (for the other poster) You must match your FICA....so comes out to 15.3% (but then deduct part of...
Simple- Just trade thru an LLC. Simple as that.......but then you have to pay SS tax. Earned income comes in handy if you want to contribute to a...
Glad you've waiting for someone to respond to. I bid you a fine evening goodnight.
gamalruach - Rant somewhere else. This is a trading site. QUOTE FROM FULL METAL JACKET: JOKER: "HOW CAN YOU SHOOT WOMEN & CHILDREN??!!!"...
I once had a pretty screen shot at my broker- showing me with a profit of $1.1 billion.......I called one of my traders over to see "how the...
Great, luv 'em.
back up
one of the longest outages I've seen
YES.......but one of our other accounts is fine......go figure!
Very, Very tricky to execute your idea....don't know if its possible. These are regular offshore annuities that comply with the new IRS tax...
Firms will frequently report different numbers than the individual trader may have. Nice try. Firms should ALWAYS give you your necessary K-1...
Yes, possible....just ask a specialist. There are so many screwball things I've seen on the tape-it'd blow your mind. Almost all are related to...
Sorry........level 1 & 2 (or 1 3/4) quotes.
THERE IS SUCH THING AS "PENNYING" A MARKET ORDER (OR MARKETABLE LIMIT)......HAPPENS ALL DAY. IF YOU DON'T KNOW THIS .....Please refrain from...
Everyone has an angle......but nobody has a get outta jail free card like the NYSE specs do. I'd rather trade with the mafia....at least their job...
oh yeah.......also been seeing automated NX when book=bid or ask.....looks abusive -no 30 sec delay......and robs ya when you go to hit...
Yea, been seeing it as of about a month or so ago.......brut/arca/inca are now matching the NY "leaders"(3-5 hundred share lots that specs put...
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