I know I just missed Moronic Monday (Wed. Edition) by an hour, but I have this burning question!
I'm looking at dabbling in "day" trading (day here most likely meaning short term holds ranging from a few days to a few weeks) as opposed to my 1+ year investments I have always done. Anyway, what does this look like come tax time? Do you have to file for every individual trade, or is it just a net profit/loss?
I can't imagine how much paper work it would be for the people who trade multiple times per day every day if this were the case.
Also, yes I know the tax implication are different on capital gains held less than a year as well, but I am in one of the bottom brackets so I don't think this affects me anyway.
Submitted February 09, 2017 at 02:16AM by yungleanderr http://ift.tt/2kutk3e
