Your amazing online presence is right this way.

Create your profile
Capture who you are, what you do, and where you're going. All in one place.


3 Day-Trading Tax Tricks

Viewing on Levo:

Only you can see this list

Day trading stocks is a fast-paced, high-adrenaline job with huge potential rewards — and huge potential losses. It can also include some really sweet tax breaks if you qualify as a trader in the eyes of the IRS.

That’s a big “if.” Many people who buy and sell stocks on the side — that is, they have a full-time job that doesn’t involve trading — are considered “investors” by the IRS, rather than “traders.”

Ordinary investors are also eligible for some tax breaks. Most notably, if they hold investments for a year or longer, they’re eligible for long-term capital gains rates, which are lower than regular income tax rates. But investors’ tax breaks pale in comparison to those available to full-fledged day traders.

» Looking for trading...

Continue reading on

Make Levo Yours

Levo is the best place to contribute your inspirational thought leadership. Begin elevating the purposeful careers of our community by sharing your insights, data, and stories today.