Become our next Funded Trader and work with a balance of up to $600,000 USD. [ Ссылка ]
In our latest YouTube video, we speak with Thomas Mocera a Licensed Tax Professional about how we should prepare our taxes as traders. Whether you trade for a firm or your own capital, it is all covered in our webinar! For more information on Thomas's services see the links below!
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Competitions: [ Ссылка ]
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00:00:00 Webinar
00:59:37 Q&A Begins
01:00:52 Wait so if you’re not refunded it is deductible right?
01:01:24 How can I sign up for you to do my bookkeeping?
01:01:46 If I’m a funded trader with Tft do I automatically get the guidance from Trader Tax
Pro?
01:02:32 What are valid expenses that you can claim against your income?
01:04:40 Please share if one can claim non-capital losses from previous years like 2020.
01:05:27 What do you file the failed challenge payment as?
01:05:54 Wouldn't we be classified in the consulting business rather than actually trading?
We are essentially trading on a demo account that’s linked to main account so
we only offering our services via the data of us entering and exiting so we are
offering the funded trader a service.
01:07:13 Is it better to operate a separate bank account?
01:08:09 Say one has 30k retained funds in the funded account, if that 30k was lost either
by violating the rule or trading, can it be claimed as loss?
01:09:17 Please share if one can claim unreported non capital losses from previous years
like 2018, 2019 and also some insights on how far back and what forms.
01:10:37 Can I deduct buying new equipment like laptops, desktops, monitors, switches,
mt4 indicators and what %?
01:12:00 The estimated tax, does it have to accurate...how much % it can vary?
01:12:45 Do you also provide book-keeping and tax service for other investments like Real
Estate?
01:13:21 If you have an LLC that was not specifically created for Funded Trader activities,
but would like to add these activities and implement what you have talked about
by having a DBA or is it advisable to have a separate LLC specific for the
Trading.
01:15:54 If I am looking into having more than one business would it be best to have an
S-Corp as a holding company and then LLC the other businesses under that
holding company?
Let us know if you liked the video and don’t forget to subscribe to our YouTube channel.
DISCLAIMER: Financial instrument trading, including simulated trading activities in a simulated environment referenced by or undertaken utilizing The Funded Trader LLC, may involve substantial risk of loss and is not suitable for every Person. The valuation of financial instruments including simulated valuations, such as simulated foreign exchange contracts, simulated futures and simulated options, may be highly volatile and fluctuate significantly and as a result, clients may lose or gain more than their initial demo trade order. The impact of seasonal and geopolitical events may be already factored into simulated market prices. The highly leveraged nature of trading, including simulated trading, means that even small price movements may have a great impact on a demo trading account, potentially resulting in substantial simulated losses or gains. The Funded Trader LLC does not offer or provide trading or investment recommendations, and any trading or investment decisions you make are entirely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. Performance quoted represents past performance in a simulated environment and does not guarantee current or future performance or that losses will not occur. The accounts and trading activities discussed in this video are purely simulated and for educational purposes. Any trading objectives, including profit targets, drawdown limits, profit splits, allocation, and other related metrics, are virtual and not associated with real financial transactions and actual trading.
