Deductions & credits

Thank you so much. The issue is that sometimes people fall in a grey zone.

 

In 2023 I placed many trades--over 1000--and mainly focused on short-term swings in the market. It is my primary source of income etc etc.

 

After tax loss harvesting however, about half my income was dividends / interest and not trading.

 

So, after selling losses, it appears that half my income is dividends / interest and half is short-term trading. As such, tough to say if I can claim trader status. Not sure there's an answer unless I try and see what the IRS says.