Trading account info

Forum|Forum|6 years ago
February 7, 2020
2 replies
14 views

I have Turbo Tax Home & Business and I have a trading account under my LLC. Where do enter that info?

TurboTax Home & Biz Windows

ThomasM125

Level 15

If you mean you own an LLC by yourself, with no other partners, you enter that income and expenses as self-employment income in TurboTax. Look in "Income and Expenses" for "Self-employed income and expenses."

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Rick19744

Level 13

@ThomasM125 I believe you should revisit your response. There is no mention that this individual stated that they are a day trader to reach the level of a trade or business subject to SE tax.

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