Optionstrader
Banned
- Joined
- Feb 1, 2016
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ok thnksTo report trading income
One must be self employed and that trading income is the main source for living
Time frame wise is all capital gains within the year
If u are a full time trader, u bought apple on jan
And sold it in december and made 100k, yes its taxable if u declare yourself as a full time trader
So normally no one with the right mind will want to act pro and declare themselve as full time trader lol
The money one gets from the reservist make up doesnt cover fully the income tax that you have to pay
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