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TAX TRADER STATIS



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       Just a few  additional comments.  
        Commissions are always deductable in that they are included on
Schedule D, column d ane e, thus reducing the gains shown in column g and
increasing the losses in column f.

         Computers, software, books and similar are deductable, even without
business statis, on Schedula A, line 22; subject to the 2% rule.  It is a
good idea to attach an itemized list to your return for these items.

          Claiming the home office is audit bait.  If you even store your
socks next to your stocks the IRS will disallowe this deduction.

           In general trying to claim your at home investing as a business is
a very risky proposition, and invites audits.  It is far better to take the
consirvative approach, and focus on your trades.  In any case talk to a CPA
before trying this, the IRS will never give you a straight answer.



                                                                         Good
luck,

                                                                          Ray
Raffurty