Day traders who didn't lose money on their trades are taxed at normal income tax rates, or the same rate that a short-term capital gain would be taxed. One thing to note is that day traders are sometimes subjected to the wash-sale rule because they trade the same stock over and over again. This rule means that a trader must delay their tax loss on a losing trade if they bought the same stock again within 30 days of the sale. See for further information: http://en.wikipedia.org/wiki/Wash_sale
Chat with our AI personalities
Short term gains are taxed as income, while long term gains are taxed as capital gains. Also you can right down losses and commissions that come with trading. I'm not certain on when a position is considered a "long term" investment, but I'm sure you can find it out there.
Futures trading is taxed as either capital gains or ordinary income, depending on how long the futures contract is held. Short-term gains are taxed at ordinary income rates, while long-term gains are taxed at capital gains rates. Additionally, futures traders may be subject to the 60/40 rule, which allows 60 of gains to be taxed at the lower long-term capital gains rate and 40 at the higher short-term rate.
Because day traders sell and buy in the same day so it increases the volume.
NO THEY ARE NOT TAXED THE PRODUCT INSTALLED IS TAXED AND LABOR ALSO
The payout of PTO is typically taxed as regular income by the government.
Short term gains are taxed as income, while long term gains are taxed as capital gains. Also you can right down losses and commissions that come with trading. I'm not certain on when a position is considered a "long term" investment, but I'm sure you can find it out there.
Day trading is where you would buy, trade or sell financial instruments in the same day, Traders who participate in this are called 'day traders' or 'active traders.' Also, the traders who trade and aim to profit are called 'speculators.'
There is no exact number of day traders in the US as this group is not consistently tracked by any specific organization. Estimates vary widely, but it is believed that there are tens of thousands of active day traders in the US.
If the state has income tax, the day traders will pay state income taxes on their earnings.
Too many! For every 100 day traders, only about 15 percent make it successfully. It's all about who you know and how you learn.
Futures trading is taxed as either capital gains or ordinary income, depending on how long the futures contract is held. Short-term gains are taxed at ordinary income rates, while long-term gains are taxed at capital gains rates. Additionally, futures traders may be subject to the 60/40 rule, which allows 60 of gains to be taxed at the lower long-term capital gains rate and 40 at the higher short-term rate.
I think the answer is salt
Probably Yes, the traders paid taxes Indirectly and Directly. Tax is there for ages though wasn't modernised as one could perceive and see it currently.
it is the bread.
Only about 15 to 20 percent.
A lot of investores close their positions at the end of the day, especially day traders. From: www.dowteq.com
Because day traders sell and buy in the same day so it increases the volume.