Do Day Traders Pay Taxes?
Yes. Profitable Day Traders pay taxes. If you have a profit at the end of the year you have to pay short term capital gains. The rate you pay is based on your income bracket but it is usually capped at 37%.
Do Day Traders Pay Taxes?
Yes. Profitable Day Traders pay taxes. If you have a profit at the end of the year you have to pay short term capital gains. The rate you pay is based on your income bracket but it is usually capped at 37%.
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