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It sounds like we're in the same boat. I had ample tax liability in 2019, so the safeharbor options don't work for me. 2020 was the start of a long-planned haiatus from a day job, so I have no other income, which means 60% of the first $40k of this year's 1256 gains are taxed at 0%, and the...

How certain are you about "paid evenly." If you have no gains in Q1, you pay no quarterly, if by end of Q2, you have enough 1256 gains to push you over the $1k tax due threshold, you pay enough to get back under the $1k threshold. If you then have no gains/losses Q3, no payment, no gains/losses...

Hi Everyone, First off, thank you for the updates and comments. I wish I was certain now but I'm still not. I feel like this is a binary answer, but it appears a CPA must be the one to give it to me with some degree of certainty. My situation, as outlined in the original post is that I "have...

I wasn't sure if this belongs in here or the tax section since it's specifically intend to answer the question of whether index futures gains (1256 gains) require quarterly tax payments, assuming the person has no other income (no cap gains of any kind from non-index futures trading, no work...

Their calculator said 0 when I entered 50k and 100k. It also showed examples saying "commodity" settled cash earned 0 always, which I assumed included ES trading accounts, but didn't investigate further because even equity settled cash was coming up as 0, and it seemed to be as good as it gets...

Hi there, Thanks for the t-bill idea. I wasn't aware of that. But like buying/selling SHV, it requires more monitoring. More monitoring means less profit for my particular strategy and psychology. Wile the amounts are low, I want all idle cash earning as much as it can. My reasons are what...

As the title suggests, I'm looking for the best futures broker that offers the highest interest paid to clients for settled cash in the 50k-100k range. I realize that's a tiny deposit amount and that we are in another ZIRP period, but even so, ideas? I'm also (less) open to other strategies...