Complete Trader Tax Checklist
Download our comprehensive checklist of everything you need before filing your trader taxes.
Free trader tax resources and guides for prop firm and active traders. Checklists, educational articles, and downloads to help you navigate trading taxes with confidence.
Download our comprehensive checklist of everything you need before filing your trader taxes.
Step-by-step guide to completing Form 8949, including Section 1256 contracts and wash sale adjustments.
Excel template to consolidate trade data across Interactive Brokers, TD Ameritrade, NinjaTrader, and more.
Complete walkthrough of electing trader tax status and the IRS requirements you must meet.
Everything you need to report funded account payouts correctly and maintain audit protection.
Calculate your quarterly estimated tax payments accurately with our trader-focused worksheet.
The complete walkthrough for filing taxes on funded account payouts—1099-NEC reporting, Schedule C, deductions, and quarterly payments.
How day trading profits are taxed on stocks, options, futures, and crypto—including wash sales, Trader Tax Status, and Section 1256.
Evaluation, reset, and subscription fees are deductible business expenses. Learn which fees qualify and where to claim them.
Learn how the 60% long-term / 40% short-term capital gains treatment works for futures and options contracts under Section 1256.
Understand the tax implications of funded account payouts from Topstep, Apex, and other prop trading firms. Know what to expect.
Wash sales across multiple brokers can be tricky. Learn how to calculate them correctly and claim the disallowance properly.
A guide to electing Section 475 mark-to-market treatment. When it makes sense and how to claim it on your tax return.
Forex traders face unique tax challenges. Learn Section 988, currency gain/loss treatment, and multi-broker reporting.
A comprehensive guide to electing trader tax status, the IRS requirements, and how it changes your deductions and reporting.
Comparing business structures for active traders. Tax implications, liability protection, and self-employment taxes explained.
Cryptocurrency trading creates unique tax challenges. Learn about capital gains, staking income, and proper IRS Form 8949 reporting.
Traders operating from home can deduct office expenses. Learn the IRS requirements and how to calculate your deduction correctly.
Active traders often owe quarterly estimated taxes. Learn the safe harbor rules and how to calculate your payments correctly.
Understanding how trading losses flow through to your other income and when you can claim a net operating loss.
Active traders face elevated audit risk. Learn what triggers IRS scrutiny and how to maintain audit-ready documentation.