This FAQ is *not* intended as a comprehensive guide to trader status taxation.
That is covered in the Traders Tax Plan This FAQ is a fast and easy way to get answers to general questions, many of which are so often misrepresented over the internet A method of identifying specific shares of securities to be sold for tax purposes--also called "vs.
purchase." If versus purchase is not specifically stated at the time of sale, the IRS deems the securities sold are made on a first-in first-out (FIFO) basis.
Typically, you can have your broker add a memo line to your confirmation statement, per your instructions.
It is a no hassles loan as the repayment happens every time you sell the purchased stock in an active account This product is especially useful when you are bullish on the stocks you hold and may not want to sell them in short term to meet your liquidity needs.
Shareholders of most corporations are not taxed directly on corporate income, but must pay tax on dividends paid by the corporation.
However, shareholders of S corporations and mutual funds are taxed currently on corporate income, and do not pay tax on dividends.
The loans are provided for a period of 1 year or till the validity of the stock as certified by approved assayers.
Inditrade understands the uniqueness of your business and can structure flexible working capital loans, secured by a flexible mix of assets and cash flows.
Margin Funding Limit operates as an overdraft facility which allows you borrow funds to make additional investments in the stock market as against using your own funds.