This will be my first year (2008) filing as a securities trader.
What exactly can you deduct as a business expense? Can you deduct things like medical insurance?
I've read over the basics from IRS forms and some websites but need more info.
http://www.fairmark.com/traders/intro.htm
http://www.irs.gov/pub/irs-pdf/p550.pdf (page 72)
What exactly can you deduct as a business expense? Can you deduct things like medical insurance?
I've read over the basics from IRS forms and some websites but need more info.
http://www.fairmark.com/traders/intro.htm
http://www.irs.gov/pub/irs-pdf/p550.pdf (page 72)