Guides for prop traders

Practical guides on prop firm payout tax, splitting a payout, what evaluation fees really cost, and the runway needed to trade full time.

• What tax you actually owe on a prop-firm payout: Why a payout is usually business income rather than a trading gain, what that costs in the US and the UK, and how to work out what to hold back from each one.
• How to split a payout so the tax money is still there in April: The four-bucket method, why the tax share leaves first, and what to do when the buckets do not add up.
• What a year of evaluation fees really costs: The arithmetic of evaluations, resets and activations, and how to tell a funding cost from a subscription you keep renewing.
• Funded-account income and the runway maths for going full time: What runway actually means when income is lumpy, and the number to reach before you quit anything.