Ray1
Level 3
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@GeorgeM777"however, the carryback loss can only be applied against Section 1256 gains"Is this something that is practiced commonly, I couldn't find any text ta...
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yes, thats what I thought. thank you
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Just to clarify, the prop firm charges the trader ahead of time and the fees are not deducted from the payout, they are out of pocket, will those costs still qu...
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Thanks@Mike9241!I think it answers the question, and its pretty much what I thought.That said, I have another question too, would I be able to write expenses th...
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Activity Feed for Ray1
- Posted Section 1256 loss carryback to previous year when there has been no gain for 1256 on Get your taxes done using TurboTax. April 16, 2023 7:36 PM
- Posted Re: Section 1256 Contract loss carryover on Get your taxes done using TurboTax. April 16, 2023 11:07 AM
- Posted Re: Washsale between 2 accounts when at year end all positions are closed on Get your taxes done using TurboTax. December 27, 2022 8:31 PM
- Cheered Re: Washsale between 2 accounts when at year end all positions are closed for Mike9241. December 27, 2022 8:30 PM
- Cheered Re: Washsale between 2 accounts when at year end all positions are closed for NCperson. December 27, 2022 8:30 PM
- Posted Washsale between 2 accounts when at year end all positions are closed on Get your taxes done using TurboTax. December 27, 2022 12:06 PM
- Cheered Re: Prop firm trading expenses for Mike9241. December 1, 2022 7:47 PM
- Posted Re: Prop firm trading expenses on Deductions & credits. December 1, 2022 1:26 PM
- Posted Re: Prop firm trading expenses on Deductions & credits. December 1, 2022 11:39 AM
- Posted Prop firm trading expenses on Deductions & credits. November 30, 2022 8:33 PM
- Posted Re: new IRA wash sale rule on Tax law changes. October 24, 2022 9:58 AM
- Posted new IRA wash sale rule on Tax law changes. October 3, 2022 7:51 PM
- Got Cheered for Attachment. April 14, 2022 12:56 PM
- Posted Re: Attachment on After you file. October 14, 2021 5:59 PM
- Cheered Re: Attachment for fanfare. October 13, 2021 7:09 PM
- Posted Re: Attachment on After you file. October 13, 2021 5:39 PM
- Posted Re: Attachment on After you file. October 13, 2021 5:33 PM
- Posted Attachment on After you file. October 13, 2021 8:33 AM
- Posted Re: Rental/residential property Depreciation on Get your taxes done using TurboTax. September 25, 2021 7:03 PM
- Cheered Re: Rental/residential property Depreciation for Critter-3. September 25, 2021 12:20 PM