Trading taxes, which do you use?

Filing taxes....

  • I do my own taxes

    Votes: 3 42.9%
  • I hire someone else to do my taxes for me

    Votes: 4 57.1%

  • Total voters
    7

StockHunter

Active member
213 1
I'm curious to find out what the majority of traders do for taxes.

I hire someone else to do my taxes for me, but have heard there are quite a few out there who do it on their own.
 

Lord Flasheart

Legendary member
9,796 975
95% of traders lose we are told,and in the uk we have spread betting which is largely tax free,so i dont think there will be many takers for the:) survey
 

StockHunter

Active member
213 1
true, but most are also part-time traders (hold a normal day job) so they would still be filing taxes likely using their trading losses to offset their tax liability on their regular income.
 

maxima

Established member
607 31
this is not possible in the UK, you only offset trading profits against trading losses from previous years.. i dont really think this is the case in the US either though...
 
 
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