STRATEGIES, TOOLS, TRADING

Robert Green, CPA

CEO,

GreenTraderTax.com

  • Author of The Tax Guide for Traders
  • Leading Authority on Trader Tax Benefits
  • Managing Member of Green, Neuschwander & Manning, LLC

About Robert

Robert A. Green CPA manages a tax and accounting firm catering to traders. He is a leading authority on trader tax status, a Forbes contributor, and author of Green's Annual Trader Tax Guide. Mr. Green frequently appears in WSJ, Barron's, and other financial media. He presents tax webinars for interactive brokers and other leading brokers.

Robert's Articles

Day and swing traders inevitably trigger many wash sale loss adjustments (WS) amounting to tens or hundreds of thousands of dollars. Take a loss on a security, repurchase it within 30 days (after or before), and that creates a WS loss, states Robert Green of GreenTraderTax.com.
Profitable traders are keen on maximizing retirement plan contributions in trading activities and also in their full-time jobs, states Robert Green of GreenTraderTax.com.
If you are eligible for trader tax status (TTS), consider setting up a trading business to maximize tax benefits, states Robert Green of GreenTraderTax.com.
Avoid wash sale losses and the $3,000 capital loss limitation and qualify for a 20% QBI deduction, states Robert Green of GreenTraderTax.com.

Robert's Videos

Join Robert A. Green, CPA, of GreenTraderTax.com, as he explains the tax advantages of trader tax status (TTS). Learn the golden rules for eligibility for TTS for full-time or part-time traders. You can claim TTS for all or part of 2022 and 2021; the IRS does not require an election. TTS traders deduct business, startup, organization, and home office expenses, whereas investors cannot. TTS traders can elect Section 475 MTM accounting which exempts securities trades from wash sale loss adjustments, navigates around the $3,000 capital loss limitation, and unlocks a qualified business income (QBI) deduction. TTS traders might achieve additional tax benefits using an entity like an LLC taxed as a partnership or S-Corp.
If you are eligible for trader tax status (TTS), consider setting up a trading business to maximize tax benefits. Join Robert A. Green, CPA of GreenTraderTax.com, to learn how to deduct trading business expenses, elect Section 475 MTM for tax losses and a 20% QBI deduction and deduct health insurance and retirement plan contributions.

If you are eligible for trader tax status (TTS), consider setting up a trading business to maximize tax benefits. Join Robert A. Green, CPA of GreenTraderTax.com, to learn how to deduct trading business expenses, elect Section 475 MTM for tax losses and a 20% QBI deduction and deduct health insurance and retirement plan contributions.

Join Robert Green to learn the golden rules for eligibility for TTS. You can claim TTS for all or part of 2021 and 2020. TTS traders can deduct business, startup, organization, and home office expenses, whereas investors cannot.


TTS traders should consider a Section 475 MTM election for 2022; it's too late for 2021. Section 475 trades are exempt from wash sale loss adjustments and the capital loss limitation, and they are eligible for the 20% qualified business income (QBI) deduction. QBI excludes capital gains.


Tune in and discover how TTS traders use an S-Corp to deduct health insurance premiums and high-deductible retirement plan contributions. Consider an entity for 2022; it's getting too late for 2021.





Robert's Books

Robert Green, CPA

Green's 2021 Trader Tax Guide

Use Green's Trader Tax Guide to receive every trader tax break you're entitled to on your 2020 tax returns. 2021 guide covers the 2017 Tax Cuts and jobs Act and the 2020 CARES Act's impact on investors, traders, and investment managers. Learn various smark moves to make in 2021.