Tips for Options Traders: Preparing 2024 Tax Returns

Описание: As an options trader, navigating the complexities of tax reporting can be challenging. Join tax experts Robert A. Green, CPA, and Darren Neuschwander, CPA, for an educational webinar exploring ways to enhance your 2024 tax return approach and address potential tax liabilities.

Key topics include:

✔ Tax treatment of equity options vs. futures options (Section 1256 contracts)
✔ Trader Tax Status (TTS) qualification requirements and benefits, including deductible expenses
✔ Section 475 mark-to-market election and its impact on wash sale rules
✔ Ways to address Form 1099-B discrepancies and wash sale loss adjustments
✔ Potential advantages of Section 1256 contracts and the lower 60/40 tax treatment
✔ Tax implications of complex options trades
✔ Exploring the Qualified Business Income (QBI) deduction for traders looking at strategies for tax savings

This session will provide actionable tax strategies tailored for active options traders to help you stay compliant while exploring possible deduction opportunities. Don't miss this opportunity to gain expert insights and get your tax questions answered!

TradeStation does not offer tax or legal advice. Consult your tax professional about your individual tax situation.