Forbes

Will The IRS Deny Tax Benefits To Traders Due To Covid?

Will The IRS Deny Tax Benefits To Traders Due To Covid?

As the virus spread in the U.S, millions of displaced Americans turned to trading. Some became active enough to qualify for trader tax status (TTS) benefits. However, will the IRS deny TTS to Covid-19 traders if they only carry on a trading business during the pandemic for a short time?

Source: Forbes – Markets
Date: September 15, 2020, 13:00