So far I have been filing my return as Investor and this year I plan to file as Trader WITHOUT 475 (MTM) election.
Is Trading (with TTS alone) is considered Specified service trade or business (SSTB) or one has to file TTS with 475/MTM (to have earned income) to be considered SSTB?
Reason I am asking this question is
When you fill out K1 interview, there is question toward end of Interview if in prior year, did you have any activities on your return that were classified as SSTBs or had income attributable to SSTBs?
How to answer (yes or no) this one if I am filing this years return as Trader/TTS alone this year?
