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TraderZones, You seem to be knowledgeable on the subject. Is it not worth the extra effort to form a seperate entity?

Thanks for the input everyone. I posted this question for two reasons, both tax-related: -As tigerbalm pointed out, incorporating provides personal protection from any liabilities, lawsuits, etc. -When you file a Schedule C, you're paying a 1/2 self employment tax on net earnings from...

For those living in the US: is it possible to form a small corp (s corp) or single member LLC for your activities as a trader? I don't see why this would be a problem, but can't find anything on this. Any input would be greatly appreciated.