The Ultimate Crypto Tax Guide
The service even fills out your Schedule D and D1 automatically at year’s end. You should spend about four hours per day working as a trader, including research and administration.
However, the IRS disagreed with the deductions and instead moved them to Schedule A. They insisted Endicott was an investor, not a trader. He usually sold call options that held an expiry term of between one to five months. Endicott hoped the options would expire, allowing for the total amount of the premium re […]