Close Navigation
Learn more about IBKR accounts
Significant Tax Moves for Traders to Make in Q1 2024

Significant Tax Moves for Traders to Make in Q1 2024

Aired On

Jan / 10 / 2024
2:00 pm - EST
Robert A. Green , Darren Neuschwander
Green Trader Tax

Join Robert A. Green, CPA, from, for insights and information to help traders.

  • Mr. Green will interview Darren Neuschwander, CPA, of Green, Neuschwander & Manning, LLC. Mr. Neuschwander will give tips on how to get organized early to improve tax season results. 
  • Fourth quarter estimated taxes are due Jan. 16, 2024. Learn to avoid a 7 to 8% underestimated tax penalty.
  • Do not trigger 2023 wash sale losses by repurchasing losing trades in Jan. 2024.
  • Focus on extensions due Apr. 15, 2024, for individuals, and Mar. 15 for partnerships and S-Corps.
  • Learn how to assess qualification for trader tax status (TTS) in 2023 and 2024.
  • TTS traders should consider a Section 475 MTM election with a federal extension.
  • Focus on trade accounting for various tax treatments for securities, futures, options, ETFs, ETNs, and cryptocurrencies. 
  • Learn how to read a broker-issued Form 1099-B.
Disclosure: Interactive Brokers

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Green Trader Tax and is being posted with its permission. The views expressed in this material are solely those of the author and/or Green Trader Tax and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Tax-Related Items (Circular 230 Notice)

The information in this material is provided for informational purposes only and does not constitute tax advice and cannot be used by the recipient or any other taxpayer to avoid penalties under any federal, state, local or other tax statutes or regulations, or to resolve any tax issue.

Disclosure: IBKR Tax Disclosure

Interactive Brokers does not provide tax advice, does not make representations regarding the particular tax consequences of any investments, and cannot assist clients with tax filings. Investors should consult with their tax professional about the tax implications of any investment.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.