April 8, 2008

• Taxes & day trading losses as Net Operating Losses on Sched C?

  Ed asked: I have full time job. I lost $50,000 in day trading in 2007. I understand that I can not use the Mark to Market election (I am not a professional full time trader, and I have another full time job). Can I use these $50,000 in losses as a [...]

February 29, 2008

• Taxes & day trading losses as Net Operating Losses on Sched C?

  Ed asked: I have full time job. I lost $50,000 in day trading in 2007. I understand that I can not use the Mark to Market election (I am not a professional full time trader, and I have another full time job). Can I use these $50,000 in losses as a [...]