tasdragonsden99
New Member

If my only source of income for the 2019 tax year is short-term capital gains from day trading, can I still claim the standard deduction? Thank you

 
PaulaM
Expert Alumni

Investors & landlords

Yes, you can.

 

The amount of your standard deduction will vary depending on your filing status, whether a dependent or not, age or blindness. You can use this IRS tool to figure out how much your standard deduction will be. 

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