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Thread: Green Trader Tax

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#12 (permalink)

04-02-2006, 09:21 PM

Noodiedoodie Noodiedoodie is offline

Registered User

Join Date: Apr 2006

Posts: 1

Trader status

Hi,

I' have a wierd situation with regarding this trader staus and would appreciate any help.

I have been actively trading since a couple of years ago. Last year, I traded for about 130 times and the total sell proceeds was over $1,000,000. I have a full time job but my wife stays at home and do the trading for me. However, my brokerage account has only my name and SSN. I'd like to file jointly with my wife been trader. Woud this be a problem in IRS's eyes? If I cannot file with my wife been the trader, would it be ok if I try it with myself been a trader?

Thanks in advance for your help!

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