4 ms·
He also may have lost quite a bit on taxes.
by prewett 8y ago
He also may have lost quite a bit on taxes.
- TomVDB 8y agoIf you qualify as a day trader according to the IRS rules, then different tax trader rules apply. https://www.tradersaccounting.com/2017/11/28/trader-tax-status-benefits-for-active-traders/ https://www.tradersaccounting.com/2017/11/28/trader-tax-stat...
- masonic 8y agoTraders can deduct interest expenses on Schedule C Only business-specific interest.