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ewbragg
Level 1
November 24, 2022
Solved

Re: It depends on whether you are a trader or an investor. I...

  • November 24, 2022
  • 1 reply
  • 23 views

What officially classifies you as a Trader?

Investor, I get and understand. But if I'm doing day-trading, I consider myself an investor, but also a trader.

    Best answer by Anonymous_

    The IRS topic at the link below provides information on the qualifications for traders, investors, and dealers.

     

    https://www.irs.gov/taxtopics/tc429

    1 reply

    Level 15
    November 24, 2022

    The IRS topic at the link below provides information on the qualifications for traders, investors, and dealers.

     

    https://www.irs.gov/taxtopics/tc429