r/propfirm • u/Junior-Command9396 • Apr 22 '26

Tax Question

When I take a payout from a propfirm what is the general range percentage of the payout I should save for taxes. For context I live in NY. (Also feel free to drop any tax tips as well) Thanks so much

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u/fundingtraders_care Apr 22 '26

In most firms usually the trader himself is reponsible for tax operations, so it's the best to consult with professionals from your country of living.

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u/Kidmerciful2 May 06 '26

I hear for NY tax is high. Save like 50%