In this session, Dave and McKinna from Day Traders Taxes will break down the key differences between trading as:
An individual without Trader Tax Status (TTS)
An individual with TTS
An entity (such as an LLC or S Corp)
They will discuss how each setup impacts taxation, deductions, and reporting, as well as the practical pros and cons of each approach. Whether you’re an active trader or considering forming a trading entity, this discussion will help you understand which structure may best align with your trading activity and tax goals.