Prop Firm Taxes for Funded Traders: 1099-NEC vs Employment
Prop firm taxes surprise a lot of funded traders the first time a payout lands. The check doesn’t come with capital gains treatment. It comes with a 1099-NEC and a 15.3% self-employment tax bill attached. That’s a different tax world than trading your own brokerage account. I’ve had this conversation with more funded traders than […]










