Thanks ..more questions.
1. You said income from share/stock trading is not considered self employment income so I guess it goes under item no. 7 on 1040?
2. She has mix of trading income (In India if its less than 1 year it is called trading - otherwise its investment) and interest income from fixed deposits.---I guess she qualifies for earned income credit because of trading income? She does not have qualifying child.
3. Where can I find more info about who is considered day trader so I can check if she has SE income.
4. If you find that she qualifies for earned income credit ...even though total income is under fillable limit - she should file tax return correct?
