How Are Prop Traders Taxed?

Moneta Funded doesn't provide a Form 1099 or tax advice to customers. It is the customer's responsibility to consult with a local tax professional regarding any capital gains accrued for the previous tax year for filing your annual taxes. It is important for prop traders to understand their tax obligations, as failure to comply could result in costly penalties. We recommend consulting with a local tax advisor for any questions or concerns as it pertains to filing your taxes.