topic 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 in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-my-only-source-of-income-for-the-2019-tax-year-is-short-term-capital-gains-from-day-trading-can-i/01/954444#M37427 Thu, 14 Nov 2019 16:07:00 GMT tasdragonsden99 2019-11-14T16:07:00Z 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 https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-my-only-source-of-income-for-the-2019-tax-year-is-short-term-capital-gains-from-day-trading-can-i/01/954444#M37427 Thu, 14 Nov 2019 16:07:00 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-my-only-source-of-income-for-the-2019-tax-year-is-short-term-capital-gains-from-day-trading-can-i/01/954444#M37427 tasdragonsden99 2019-11-14T16:07:00Z Re: If my only source of income for the 2019 tax year is short-term capital gains from day tradin... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-if-my-only-source-of-income-for-the-2019-tax-year-is-short-term-capital-gains-from-day-tradin/01/954458#M37431 <P>Yes, you can.</P> <P>&nbsp;</P> <P>The amount of your standard deduction will vary depending on your filing status, whether a dependent or not, age or blindness. You can use <A href="https://www.irs.gov/help/ita/how-much-is-my-standard-deduction" target="_blank">this IRS tool</A> to figure out how much your standard deduction will be.&nbsp;</P> Thu, 14 Nov 2019 16:24:36 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-if-my-only-source-of-income-for-the-2019-tax-year-is-short-term-capital-gains-from-day-tradin/01/954458#M37431 PaulaM 2019-11-14T16:24:36Z