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tedy-dk
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Is there a way to make short term investment gains from regular brokerage account to my sole propriety business income for 2024?

 
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DavidD66
Employee Tax Expert

Is there a way to make short term investment gains from regular brokerage account to my sole propriety business income for 2024?

No, not if you are a sole proprietor (self-employed).  If you are a sole proprietor and had an investment account in the name of your business, it would be reported on your tax return as if it was in your name.  A sole proprietor reports business income and expenses on Schedule C as part of the personal tax return.  But there is no place to report capital gains and losses from a brokerage account as business gains or losses.  

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