Recent content by joeactuary

Thank you for above tips. I will try putting in a delay to help cure problem. I like your suggestion and would like to be a good scraping citizen but for someone with my limited programming experience, it would be a massive undertaking for me to store all that data, figure out how to link it...

Redownloading.

No, I meant it stopped working before VPN. After about 30 calls, It only works now when I use a VPN proxy. It's like they are now tracking IP address and limiting it.

I've been using yahoo historical quotes and bringing it into excel using vba for years. Over the last couple of days, the historical quotes stop loading after about 30 quotes. To get it working again, I have to wait 10 minutes or so or change my VPN to another proxy. Anyone else experiencing...

I would e-file like you normally do, but then amend it with your statement to make your election.

What the heck are you talking about? No one said anything about converting capital gains to earned income. Nor does QBI require earned income. An obvious example is rental income which is decidedly not earned, not on Sched C, but is QBI. Just looking for Mechanics of doing this.

Yes, there is no specific Form for Traders or form for depreciating livestock or a hundred different specific scenarios, hence work arounds like the transfer of Income that has never been challenged by the IRS (to my knowledge). By Feature, I meant being able to go into Forms and create a QBI...

Thanks for the reply. I'm really confident though to get the QBI deduction, you do not necessarily have to be a separate entity. I mean the IRS literally says "Eligible taxpayers may be entitled to a deduction of up to 20 percent of qualified business income (QBI) from a domestic business...

I've been using Mark to Marketing for several years now. I put my investment gain in form 4797. I then transfer just enough income to my schedule C to match my home office expenses and other expenses exactly. This allows me to get my full home office deduction while showing zero income for...

Does the interest earned on cash in the account qualify for QBI? If so, how can I do that? I currently put the 1099-INT generated by IB on the personal side.

Because there is no black and white answer if you qualify as a trader. If you don't elect MTM, the benefits are minimal. One such benefit is Home Office. There is no black and white for that either. For many the risk and hassle of it is not worth the benefit. And Robert Morse is completely...

Just checked the IRS site. The 2012 version of form 8453 (used for tax transmittals for an e-filed return) remains unchanged in that it does not list form 4797 as one of the forms that you can attach supporting documents for. Frustrating. It looks that again, because each transaction must be...