@imanuel wrote:
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/
Please enlighten us. Perhaps email this firm and inquire as to which Code section, Regulation, court case, et al., they are relying on for this treatment.
If they can cite nothing, it is wrong.
