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  1. J

    Traders: who does your taxes?

    Thank you Susannah. Very helpful!
  2. J

    Traders: who does your taxes?

    <I>IF you made say 200k in 2007 then you would have to pay 110% of your tax liability in quartly estimates for the next year not to incur any interest. SO if your tax bill for 2007 was $60,000 then your estimated tax bill for 2008 would be $66,000 total or $16,500 per quarter. Now suppose in...
  3. J

    Broker when living abroad

    Hi, I live in the US and I currently use Scottrade as my broker. However, most likely I will move to Europe when I retire in a couple of years. After my move, I still want to keep trading the US stock markets just like before. With this in mind, I am wondering what I should do regarding...
  4. J

    If you could live anywhere

    <b>This is not a plug for Interactive Brokers but this is what I know so here are the options they offer: 1. You can use IB from wherever you live and have access to the internet 2. You can denominate your account currency in either USD or any other one (e.g. EUR or CHF)</b> Thanks...
  5. J

    If you could live anywhere

    <I>- Very low tax for traders (10% stocks/futures/etc. of anual profit) or 0% if you hold stocks for more than 1 year (good for value traders)</i> To Ertai or anyone else who lives abroad and trades the US stock market: This might be a dumb question, but do you trade in dollars or is there a...
  6. J

    Moving offshore

    Quote from trend_guy: <b>Are you referring to business income or capital gains? In Canada, the highest marginal tax rate on capital gains is 23.3% (high tax bracket) In the USA, you will probably pay more, unless you are talking long term gains, short term you don't get beneficial...
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