0
Short term gains are taxed as income, while long term gains are taxed as capital gains. Also you can right down losses and commissions that come with trading. I'm not certain on when a position is considered a "long term" investment, but I'm sure you can find it out there.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How are day traders taxed?
Day traders who didn't lose money on their trades are taxed at normal income tax rates, or the same rate that a short-term capital gain would be taxed. One thing to note is that day traders are sometimes subjected to the wash-sale rule because they trade the same stock over and over again. This rule means that a trader must delay their tax loss on a losing trade if they bought the same stock again within 30 days of the sale. See for further information: http://en.wikipedia.org/wiki/Wash_sale
How does Day trading contribute to increased liquidity in the market?
Because day traders sell and buy in the same day so it increases the volume.
Are installation charges taxed?
NO THEY ARE NOT TAXED THE PRODUCT INSTALLED IS TAXED AND LABOR ALSO
How many options traders in US?
The exact number of option traders fluctuates weekly. There are thousands of firms across the United States. Many traders exist in these companies as well as the multitudes of home traders.
Do day traders have to buy stock in groups of 100?
That depends who your broker or dealer is. Some firms require you buy at 100 lots and some don't.
How are day traders taxed?
Day traders who didn't lose money on their trades are taxed at normal income tax rates, or the same rate that a short-term capital gain would be taxed. One thing to note is that day traders are sometimes subjected to the wash-sale rule because they trade the same stock over and over again. This rule means that a trader must delay their tax loss on a losing trade if they bought the same stock again within 30 days of the sale. See for further information: http://en.wikipedia.org/wiki/Wash_sale
What are some popular day trading systems?
Day trading is where you would buy, trade or sell financial instruments in the same day, Traders who participate in this are called 'day traders' or 'active traders.' Also, the traders who trade and aim to profit are called 'speculators.'
Do day traders pay state taxes on their earnings?
If the state has income tax, the day traders will pay state income taxes on their earnings.
How many day traders are there?
Too many! For every 100 day traders, only about 15 percent make it successfully. It's all about who you know and how you learn.
What is the Common day Item taxed by the French government?
I think the answer is salt
What is pd day mean?
professional development day.
Was the negro slave trade taxed?
Probably Yes, the traders paid taxes Indirectly and Directly. Tax is there for ages though wasn't modernised as one could perceive and see it currently.
What does PLLC stand for?
A PLLC is a Professional Limited Liability Company. It is a limited liability company that is set up to provide professional services to one or more people and to allow them to be taxed differently.
Is a monetary award from a civil suit taxable?
The taxability of court settlements depends on what the settlement is for. If it is compensation for a loss, in general it is not taxable. If it is a 'penalty' it will be taxable. Your attorney should be able to tell you what is taxed and what is not taxed. Or consult your tax professional.
What is a common day item taxed by the French government?
it is the bread.
PT Slab Rates in Madhya Pradesh 2010-2011?
what is slab rates of professional tax for traders in 2008-09
What did Ancient Romans specilize in?
They did not specialise in anything. They were farmers, artisans, traders merchants, engineers, architects, professional soldiers, etc.
