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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:
You can file a tax return to get the earned income credit even if there is no filing obligation.
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ā€ˇFebruary 12, 2021
4:16 PM
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