Hi,
I have setup SIngle member LLC (disrearded entity) for my traing purpose.
I have couple of question.
1. Do i need to file quaterly taxes?
2. Am I supposed to pay sef-employment tax (Somewhere I read tradign business is not subjected to self-employment tax).
3. How do I report loss-and-gain from my trading?Sch C or Sch D
Not I have not elected M2M as I need to offset the losses incurred in the previous year when I was not LLC.
Appreciate your comments
