Where do I record my job related expenses for trading? Income is already recorded from 1099's

Where do I put the expenses

posted

Connect with an expert

2 Replies

Where do I record my job related expenses for trading? Income is already recorded from 1099's

see this link. just because you trade does not make you a trader entitled to a schedule C deduction. you could be an investor and would no deduction for trading expenses.

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

.

Where do I record my job related expenses for trading? Income is already recorded from 1099's

Correct ... did you make the proper mark to market election last year timely ?

Still have questions?