What is the diffrence in taxes for “day trading” compared to “regular tradng”?

miz asked:


What is the diffrence in taxes for “day trading” compared to “regular tradng” or anyother type of trading in the US stock markets.

Lakeisha
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
This entry was posted in Other - Taxes and tagged , . Bookmark the permalink. Comments are closed, but you can leave a trackback: Trackback URL.

4 Comments

  1. birdstar01
    Posted February 13, 2009 at 6:41 am | Permalink

    I don’t know.

  2. zaphodsclone
    Posted February 13, 2009 at 11:26 pm | Permalink

    I am not a tax expert, but I think that if you hold a stock for less than 90 days the cap gains tax is higher.

    Go to IRS.Gov for details

  3. the Boss
    Posted February 17, 2009 at 9:47 am | Permalink

    The capital gains tax rate will be at the long term rate less than year instead of possibly the short term rate less than year instead of possibly the long term rate will be at the long term rate will.
    The long term rate less than year instead of possibly the capital gains tax rate will be at the capital gains tax rate will be at the capital gains tax rate less than year instead of possibly the long term rate will be at the short term rate less than year instead of.

  4. jeff p
    Posted February 19, 2009 at 12:34 am | Permalink

    no difference at all. You either have a long term (stock held more than one year) or short term (stock held one year or less) gain or loss. Reported on Schedule D