The Traderszone Network

Published in TZ Latest News 14 November, 2017 by The TZ Newswire Staff

CME IOM Membership tax implications for an Individual Member

If you own the CME IOM Membership as an Individual Member (I am an individual/sole proprietor who only trades my own account from my home). Do I have to pay self employment taxes (FICA)? Do I pay taxes on capital gains as ordinary income? If so, why would anyone ever want to buy a membership?

Thanks,
Rick