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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121319  
Subject: Re: Day trading and taxation Date: 12/7/1998 6:54 PM
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[[Anyone have any experience with day trading tax strategies? Specifically, if one accumulated a lot
of losses day trading, is there a way to deduct them without the $3,000 capital loss annual max?
Perhaps as a business? Any thoughts appreciated.]]

This is discussed a bit in Ted Tesser's book "The Traders Tax Survival Guide".

KAT in Chicagoland also addresses some of these issues in his tax site (http://www.fairmark.com). You might want to check it out.

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Roy

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