Irs professional trader
To be engaged in a business as a trader in securities, a person must trade on a full-time basis and derive most of his or her income through day trading. According to the IRS, a trader is someone Even if you make hundreds of stock-market trades a year, that doesn't automatically make you a trader -- at least in the eyes of tax collectors. And that means you wouldn't be eligible for certain Traders eligible for trader tax status (TTS) are considering to restructure their business for 2018 to take maximum advantage of the "Tax Cuts and Jobs Act." Two tax benefits catch their eye: The