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Search: Posts Made By: booneyall
Forum: Traders Hideout August 27th, 2021, 06:35 PM
Replies: 38
Views: 8,733
Posted By booneyall
Good point on the exchange members, I believe...

Good point on the exchange members, I believe they do pay SE. I’ve never personally done a return for one but would be interested to see how that is reported.


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Forum: Traders Hideout August 27th, 2021, 04:00 PM
Replies: 38
Views: 8,733
Posted By booneyall
I respect your opinion certainly. I suppose the...

I respect your opinion certainly. I suppose the definition of "required" is relative and means something different to each taxpayer. I would not classify being subject to underpayment penalty as a...
Forum: Traders Hideout August 27th, 2021, 03:45 PM
Replies: 38
Views: 8,733
Posted By booneyall
That is a good consideration and is also why the...

That is a good consideration and is also why the answer to estimated payments are not a one size fits all. Losses in Q3 or Q4 may offset gains in Q1/Q2. Since section 1256 contracts aren't subject to...
Forum: Traders Hideout August 27th, 2021, 03:40 PM
Replies: 38
Views: 8,733
Posted By booneyall
It's between 90% and 110% depending on your...

It's between 90% and 110% depending on your income.
Forum: Traders Hideout August 26th, 2021, 10:41 PM
Replies: 38
Views: 8,733
Posted By booneyall
It would be advisable to make quarterly estimated...

It would be advisable to make quarterly estimated payments on your profits but it's not "required". The 60/40 profits are combined with your other income and personal deductions so there are a number...
Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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