Preparing Taxes for Active Day Traders: A Comprehensive Guide
Active day traders play an essential role in the market’s dynamism, carrying out frequent trades that respond to short-term price movements. This daily financial juggling
Tag: trader tax status
How to Qualify for Trader Tax Status
You’ve been day trading for a while, and you’ve been pretty successful at it. You’re thinking about taking the plunge and going full-time. But there’s
What are Wash Sales?
A wash sale is a transaction where an investor sells an asset at a loss and then repurchases the same or a “substantially identical” asset
The Benefits of Trader Tax Status
Are you a day trader? You may be eligible for Trader Tax Status (TTS) if so. TTS is a special tax designation that can save you a lot of money come tax time. This blog post will take a quick look at what TTS is and how it can benefit you.
