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Should've been a little more specific, I honestly don't know what the IRS considers a business. Again I'm new to all this. I purchased a computer, monitor, trading subscription, etc... when I say "trading" I mean stocks and crypto. I would like to make this a business and my primary income at some point but as of now I am operating at a loss because when I first started I didn't know what I was doing, but then I got more serious and started getting all the necessary equipment and education