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amyonghwee
Level 4

LLC set up to do stocks/options trading. SSTB ?

I have set up a LLC-partnership (3 partners)   to perform stock, options, crypto trading.
Does this come under SSTB eg in terms of financial services or investing management or dealing/trading in securities?

 

Thanks!

posted
‎March 6, 2024 10:12 AM
last updated ‎March 06, 2024 10:12 AM
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tagteam
Level 15
Level 15

LLC set up to do stocks/options trading. SSTB ?

 https://www.irs.gov/instructions/i8995#en_US_2023_publink100020441

 

Yes.

‎March 6, 2024 10:20 AM
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RobertB4444
Expert Alumni
Expert Alumni

LLC set up to do stocks/options trading. SSTB ?

You're an SSTB.  You can choose which category you prefer.

 

@amyonghwee 

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‎March 6, 2024 10:41 AM
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