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How to File Taxes as a Day Trader in the U.S.

day trading taxes

Tax season doesn’t have to be daunting. This guide explains the deductions available for day traders compared to investors.

“...[I]n this world nothing can be said to be certain, except death and taxes.”

Benjamin Franklin’s cheeky quote is probably the most famous form of the phrase, but his letter to Jean-Baptiste Le Roy in 1789 was not the first use of the “death and taxes” idiom. Christopher Bullock’s 1716 farce, The Cobler of Preston, predates the founding father’s quote, when one of the characters quips...See more

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