Trader Taxes — GenWealth Financial
Trader Tax Strategy

Your trading is sophisticated. Your tax return should be too.

Most CPAs don't understand mark-to-market elections, trader tax status, prop firm income, or the difference between a §475(f) trader and an investor on Schedule D. We do — and we structure your taxes accordingly.

The Problem

Generalist preparers cost active traders real money.

If you're trading futures, equities, or options at volume — or pulling income from prop firms like Topstep or Bulenox — a return prepared without trader-specific knowledge leaves deductions on the table and elections unmade.

01 / STATUS

Trader Tax Status

We assess whether you qualify for Trader Tax Status (TTS) — the gateway to business-expense treatment and the mark-to-market election.

02 / ELECTION

§475(f) Mark-to-Market

Properly filed, a mark-to-market election can exempt you from wash-sale rules and convert capital losses to ordinary. Timing and procedure matter.

03 / STRUCTURE

Entity Structuring

The right entity can unlock retirement contributions, health deductions, and cleaner separation of trading activity from personal finances.

What We Handle

Built for the way you actually trade.

  • Trader Tax Status (TTS) qualification analysis
  • §475(f) mark-to-market election filings
  • Prop firm income reporting (1099-NEC, K-1)
  • Entity structuring for active traders
  • §1256 contracts and 60/40 tax treatment
  • Wash-sale analysis and avoidance strategy
  • Trading-business expense optimization
  • Quarterly estimates for trading income
Get Started

Tell us about your trading setup.

Answer a few questions so we can come to the consultation already understanding your situation. After you submit, you'll be able to book your consultation time.