ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The investment sales would appear on line 7 in TurboTax.

 

Trading income would have to be considered self-employment income to be considered earned income, which is necessary for the earned income credit. Investment sales are normally considered investment income, not self-employment income.

 

Here is a helpful article on being considered a day trader:

 

https://www.marketwatch.com/story/tax-strategies-for-day-traders-2015-02-25#:~:text=The%20courts%20s....

 

You can file a tax return to get the earned income credit even if there is no filing obligation.

 

 

 

 

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