โญ Start Here ยท Foundation
The Ultimate Guide to Trader Taxes (2026)
Everything you need to know about trader taxation โ TTS qualification, capital gains, MTM elections, wash sale rules, entity structures, and every major deduction category. The definitive reference for active traders.
๐ข Prop Firm Taxes
How to File Taxes for Prop Firm Trading
Apex, TopStep, Tradeify, FTMO โ how each firm's payouts are taxed, how to report them correctly, and what happens without a 1099.
๐ข Prop Firm Taxes
Can You Deduct Prop Firm Evaluation Fees?
Yes โ even failed evaluations. How to correctly deduct challenge fees, monthly subscriptions, and reset fees from every firm.
โ๏ธ Tax Strategy
Mark-to-Market Election (IRC ยง475) Explained
The most powerful tax election available to traders. Eliminate the $3,000 loss cap, remove wash sales, and convert losses into full ordinary deductions.
๐ Futures
Futures Trading Taxes & the Section 1256 Advantage
How futures traders automatically save thousands via the 60/40 blended rate, wash sale exemption, and 3-year loss carryback.
โ ๏ธ Tax Mistakes
The Wash Sale Mistake That Costs Traders Thousands
The wash sale rule explained โ cross-account traps, IRA disasters, and how it silently eliminates deductions without warning.
๐๏ธ Entity Setup
LLC vs S-Corp for Traders: Which Saves More?
A complete breakdown of both structures โ when an LLC is enough and when an S-Corp election saves $5,000โ$25,000+ per year.
๐ฐ Deductions
Trader Tax Deductions Most People Miss
Every legitimate deduction available to active traders โ from the obvious (software) to the overlooked (Solo 401k, health insurance, home office).
๐ Losing Traders
Trading Taxes โ Win or Lose: The Complete Guide
What happens if you lost money trading? Do you still file? Can losses offset your W-2? How to make losses work for you.
๐ฏ Options
How Options Trading Is Taxed in 2026
Short vs long-term treatment, index options Section 1256 advantage, straddle rules, wash sales on options โ all explained clearly.
โฟ Crypto
Crypto Taxes: DeFi, NFTs & Cost Basis (2026)
How crypto is taxed, DeFi income treatment, NFT rules, cost basis methods, Form 1099-DA requirements, and missing records solutions.
๐ Beginners
Do Beginner Traders Need to Pay Taxes?
First year trading? Everything you need to know โ what to report, how to track, quarterly payments, and the most common first-year mistakes.
๐ Case Study
How One Futures Trader Saved $35,000 in One Year
Real numbers, real strategies. How a profitable ES futures trader legally cut their tax bill in half using Section 1256, S-Corp, and deduction stacking.
๐ ๏ธ Tools
Tax Software vs CPA for Traders: Which Is Right?
TurboTax, Koinly, TradeLog vs a trader-specialist CPA โ an honest comparison of when software is enough and when it costs you money.