Monday, November 7, 2011

If I invest in day trading and I am shrewd and I make some profits at it, what tax events can I expect from th

at? If I buy stocks with a Roth account through Scottrade, will all proceeds be untaxable from that trading with the Roth accounts? If I trade with money that is not Roth and this is my only earnings for a year, are they considered to be wages and tips so that if I make money from this I could then buy Roths each year from those taxable proceeds? And what would my occupation be on my income tax return doing this?

No comments:

Post a Comment