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本帖最后由 恐慌小猪 于 2021-2-21 04:10 PM 编辑
大家都知道胡同里,有好多像猪总这样的同学几乎天天频繁交易的,而且资金量也不小,现在又到了报税的时节了。实话说,猪总很头疼。
最近听说了一个词儿叫:TTS,就是TRADER TAX STATUS,在网上搜了一下:
How To Qualify For Substantial Tax Savings As A Trader
Robert GreenContributor
Great Speculations
Trader tax status (TTS) constitutes business expense treatment and unlocks an assortment of meaningful tax benefits for active traders who qualify. The first step is to determine eligibility. If you do qualify for TTS, you can claim some tax breaks such as business expense treatment after the fact and elect and set up other breaks — like Section 475 MTM and employee-benefit plans — on a timely basis.
Business expenses include home-office, education, startup expenses, organization expenses, margin interest, tangible property expense, Section 179 (100%) or 100% bonus depreciation, amortization on software, self-created automated trading systems, seminars, market data, stock borrow fees, and much more. The new tax law TCJA suspended “certain miscellaneous itemized deductions subject to the 2% floor,” including investment fees and expenses, commencing in 2018.
Securities traders with TTS should consider a timely election of Section 475 ordinary gain or loss treatment; due by April 15, 2020, for individuals and March 15, 2020, for existing partnerships or S-Corps. I call it tax loss insurance: It exempts securities trades from wash sale loss adjustments, and the $3,000 capital loss limitation. Profitable 475 traders are eligible for the 20% qualified business income (QBI) deduction; whereas, QBI excludes capital gains and losses.
A TTS S-Corp unlocks deductions for health insurance premiums and high-deductible retirement plan contributions.
If a trader does not qualify for TTS, they are not eligible for any of these tax benefits.
How to qualify
It’s not easy to be eligible for TTS. Currently, there’s no statutory law with objective tests for eligibility. Subjective case law applies a two-part test:
Hours: Spends more than four hours per day, almost every market day working on his trading business — all-time counts.
Avoid sporadic lapses: A trader has few to no intermittent lapses in the trading business during the year.
Intention: Has the intention to run a business and make a living. It doesn’t have to be your primary living.
Operations: Has significant business equipment, education, business services, and a home office.
Account size: Has a material account size. Securities traders need to have $25,000 on deposit with a U.S.-based broker to achieve “pattern day trader” (PDT) status. For the minimum account size, we like to see more than $15,000.
感觉猪总挺符合条件的,不知道哪位同学已经用此身份在美国报过税了?具体如何操作的?是不是需要成立公司?
望不吝赐教,多谢了! |
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