What is the best way to limit capital gains on options and stocks?
though asked in india section, use tax phrases:
no, won't work.
whether trade individual or s-corp, have prove irs day trader *and* make mark-to-market election in previous year in order not list each trade individually on schedule d (the s-corp form has form too.)
day trader status facts , circumstances test. can't have full time job doing else , few trades on side.
i wondering if can incorporate or form llc trade under broker entity , pay overall tax on gains instead of each trade , use profits buy stuff need shorten or encourage tax deductions. can work?
Business & Finance Taxes India Next
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