I have an LLC whose business is trading securities (stocks and options), and am a trader by IRS definition. Which forms should I use to record the capital gains/losses?

The answer indicated I should use Schedule C, but isn't that for sole proprietorships? The business is an LLC Partnership. Does that matter?

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I have an LLC whose business is trading securities (stocks and options), and am a trader by IRS definition. Which forms should I use to record the capital gains/losses?

If you are a trader, you report your capital gains and losses on Schedule C.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I have an LLC whose business is trading securities (stocks and options), and am a trader by IRS definition. Which forms should I use to record the capital gains/losses?

If you are a trader, you report your capital gains and losses on Schedule C.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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