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Level 2
posted Apr 11, 2024 9:44:39 PM

Trader Tax Status or Investor If I Receive Significant Dividends / Interest

In 2023 I placed many trades--over 1000--and mainly focused on short-term swings in the market. This is my main source of income. I do this every day etc etc.

 

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

 

And so, in terms of profit, after selling losses, half is not swing trading, half is actually dividends and interest.

 

Can I claim trader tax status?

 

Thank you.

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