B Bluegar3 Jul 9, 2008 #1 if you are paying someone say 10,000 to trade for you, and say you make 50,000. You get to deduct that 10,000 right off that 50,000 right?
if you are paying someone say 10,000 to trade for you, and say you make 50,000. You get to deduct that 10,000 right off that 50,000 right?
S Surdo Jul 9, 2008 #2 Not exactly...different tax forms. -Trading is a capital gain, (Long/Short term) -Payment for services such as an atty, cpa, etc... are business expenses. Get a CPA!
Not exactly...different tax forms. -Trading is a capital gain, (Long/Short term) -Payment for services such as an atty, cpa, etc... are business expenses. Get a CPA!