Business Trader Status Qualification Test
Pro Trader Tax, LLC provides the Business Trader Status Qualification Test for educational and informational purposes only. Information delivered by, or accessed through www.protradertax.com does not constitute specific tax advice. The tax laws and IRS rules are constantly changing and shifting, and each taxpayer's situation is different. This Business Trader Status Qualification Test is not intended to be a 100%, full-proof determination as to whether a taxpayer will qualify as a business trader in the eyes of the IRS. However, we hope that it provides some insight into the requirements to achieve tax trader status and the areas to be concerned about with your own personal situation. You are solely responsible for your tax reporting decisions, and you should carefully evaluate all information delivered to you by Pro Trader Tax, LLC or any other resource. Not all information may be appropriate for all traders. Please consult your tax adviser or call us at Pro Trader Tax, LLC to discuss your specific situation.