01-07-2023, 11:08 PM
How much do I have to make in daytrading before I have to pay taxes?
<!-- SC_OFF --><div class="md"><p>If trading is my only source of "income," say I generate $5,000 or so in the latest tax year, how much of this would actually be taxed? What's the minimum amount of money one has to make before one has to pay taxes? Would the IRS really hunt down daytraders who make like four figures lol</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FullSendGod"> /u/FullSendGod </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/105cc5o/how_much_do_i_have_to_make_in_daytrading_before_i/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/105cc5o/how_much_do_i_have_to_make_in_daytrading_before_i/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>If trading is my only source of "income," say I generate $5,000 or so in the latest tax year, how much of this would actually be taxed? What's the minimum amount of money one has to make before one has to pay taxes? Would the IRS really hunt down daytraders who make like four figures lol</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FullSendGod"> /u/FullSendGod </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/105cc5o/how_much_do_i_have_to_make_in_daytrading_before_i/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/105cc5o/how_much_do_i_have_to_make_in_daytrading_before_i/">[comments]</a></span>