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Retirement tax questions
Your stated "Occupation" on the tax return has no effect on how your tax is calculated.
If you are a legitimate day-trader and are reporting stock gains/losses on Schedule C, then any net income from those trades is subject to self-employment tax.
If not a day-trader, then your stock gains/losses are reported in the Investment Income section of TurboTax Premier or higher version.
May 13, 2021
12:59 PM