Tax Advice From Options & Futures Trading Pros

Navigating and filing taxes as a trader can be intimidating, but tastytrade's Kristi Ross explains that it's not as tough as it looks! In this 1 hour special, tastytrade gets into the finer details of taxes for traders, focusing on options and futures trading in particular. Tune in as they explain everything from tax treatments by product, important tax forms, trading as a business, and accessing your tax information from your brokerage firm!

Time Stamps! ⏰

00:00 -- Intro
01:47 -- Tax Topic Overview
03:47 -- Categories of Investors/Traders
06:05 -- Types of Products Traded
08:07 -- Tax Forms Received, Form 1099
10:46 -- What Forms to Use Based on Investor Type & Product Traded
14:28 -- Tax Treatment -- Long Term vs. Short Term, Options vs. Futures
16:35 -- How to Make a 475(f) Election
19:19 -- Wash Sales & FAQs
23:10 -- Trading as a Business
31:10 -- Requesting MtM (Mark to Market) Forms
32:26 -- Top 5 Tax Questions
32:53 -- What is RFC on my 1099b? How do I report that?
35:30 -- Where do I find the commissions and fees I paid?
36:12 -- Why aren't my December 31st Trades not included in my tax report?
39:45 -- Explain how rolling a trade impacts taxes
43:15 -- Foreign customers and US Taxes
46:50 -- Trading as a Business and Health Insurance?
48:40 -- What questions should I be asking my accountant regarding taxes & trading?
49:17 -- Other FAQs, Home Office Deduction
53:36 -- Trading Losses: Reporting, Capital Losses, and Limits
59:20 -- Consolidated 1099 Form Guide from tastyworks

======== tastytrade.com ========

tastytrade is a real financial network, producing 8 hours of live programming every weekday, Monday - Friday. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 50 original segments, and over 20 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. http://ow.ly/EbzUU

Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1

Follow tastytrade:
Twitter: https://twitter.com/tastytrade
Facebook: https://www.facebook.com/tastytrade
LinkedIn: http://www.linkedin.com/company/tastytrade
Instagram: http://instagram.com/tastytrade

Видео Tax Advice From Options & Futures Trading Pros канала tastytrade