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Old 04-07-2009, 02:37 PM
GreenTrader Tax GreenTrader Tax is offline
CPA, CEO Green & Company CPAs, LLC
 
Join Date: Mar 2006
Posts: 177
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trader tax status

It's not the number of contracts, but number of round trip trades that counts. Also you need to trade on over 75% of available trading days and spend over 4 hours per day. It's harder to qualify when you have a fulltime job. See the power point on our site home page for golden rules. If you qualify, it's better to do so in a separately filed entity tax return.
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