Trader Tax Status (TTS) Guide | Little Bird Trading
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Welcome to the Little Bird Trading Trader Tax Status (TTS) Guide
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Trader Tax Status (TTS) Guide Table of Contents
Included Example Mark-to-Market (MTM) Accounting Spreadsheet and Trading Log
What is Trader Tax Status (TTS)?
Rules of Thumb for Qualifying for TTS, and Pattern Day Trader (PDT)
W2 Salaries and Taxes
TTS Summary and Important Reminders
Applying for TTS, Using Mark-to-Market (MTM) Accounting, and Common Forms
Mark-to-Market (MTM) for the Business Tax Return and Common Forms
A Note on State and Local Guidelines
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Qualified Investors: Ready To Put YOUR Trading/Investing On Autopilot?
If you’re a qualified investor, high-net-worth individual, and/or business owner, chances are you discretionally trade or invest a portion of your capital.
If you’re lacking the time to execute every trade/investment and manage risk, then Little Bird Trading’s Professional Consulting is for you!
Why systematic strategy execution?
Your strategy is YOUR repeated way of taking money out of the market.
Never be reliant on someone else’s market calls.
Don’t risk emotions getting in the way at the exact wrong moment.
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Eliminate common errors such as typing a 1,000-share order instead of 10, or 10 instead of 1,000.
Ensure your strategy is always present, ready to execute, even when you’re on a Zoom call, enjoying vacation, or just spending time with your family.
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