<< Read Full Article
<< Read Full Article
Trader or Investor? The IRS Wants to Know
Trader or investor?
It's an important distinction. The Internal Revenue Service considers investing to be a kind of hobby. But trading is a business, eligible for tax breaks and 100% deduction of legitimate business expenses. Plus, a trader has the option of using trading losses to offset an unlimited amount of income. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.84
|
|
UP
29.55
|
UP
7.70
|
UP
21.79
|
UP
0.06
|
10 Yr
3.55%
SPDR Gold
110.24
|
|
+0.28%
|
+0.70%
|
+0.99%
|
+0.17%
|
Data delayed 20 minutes |
Connect with TheStreet