Taxes for Traders -- What You Need to Know

Day traders have some unique needs when tax time rolls around.

They must report the specifics of hundreds, even thousands, of trades. And they must do it in a way that satisfies the Internal Revenue Service's qualifications for trader status, which entitles them to tax breaks not available to ordinary investors.

TSC tax reporter Tracy Byrnes, with some help from TSC contributing editor Gary B. Smith, has put together a series of stories to guide traders through the maze.

The lineup: ...