Trader Tax Status (TTS) Guide for Traders/Investors

Trader Tax Status (TTS) Guide for Traders/Investors

A practical guide on Trader Tax Status (TTS). A special designation by the IRS for individuals who actively buy and sell securities as a business, allowing them to deduct trading-related expenses and avoid certain tax limitations. 

What is inside

• Covers What is Trader Tax Status (TTS) for Traders/Investors?
• Rules of Thumb for Qualifying for TTS, and Pattern Day Trader (PDT)
• W2 Salaries and Taxes
• Applying for TTS, Using Mark-to-Market (MTM) Accounting, and Common Forms
• Mark-to-Market (MTM) Accounting for the Business Tax Return and Common Forms
• A Note on State and Local Guidelines

Who this is for

• US-based traders and investors.
• Traders and investors moving from ad-hoc bookkeeping to structured reporting.
• Anyone preparing to discuss TTS/MTM with a qualified professional.

Educational content only. Not legal or tax advice. Not a recommendation or endorsement.