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Business & farm
I found the answer! Sharing it with everyone.
Make Schedule C Look Better
The IRS may view a trading business’s Schedule C as unprofitable even if it has significant net trading gains on other forms and is profitable after expenses.
To mitigate this red flag, transfer a portion of business trading gains to Schedule C “Other Income” (not revenue) to zero the expenses out but not show a net profit.
https://greentradertax.com/category/trader-tax/
April 17, 2022
5:15 PM