Well , all the trades were short term (some buy/sell over hours, some longer but all "short term" in IRS definition. None were for investment , all were as trad...
ok, but what do I put on Schedule D? I used TurboTax to transfer my 1099 from Fidelity and it ended up as Schedule D with the gain....how do I "negate" the Sche...
I don't think so - Schedule C (Profit and Loss From Business) Line 1 specifically states "Gross Sales" , Line 4 "Cost of Good", and Line 5 is net of those two. ...
Well the answer ignored line 7 of schedule c "gross income" and said schedule c was only for expenses.i made money as an IRS recognized Trader and want to enter...