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I made 60k stock trading last year but I'm broke right now, should I skip this tax year?
Hi all!
So I made around 60k last year just trading from my own room, I didn't have any other job and made many transactions which makes me think I won't able to do capital gain taxes for 50% and I have to put it in as my business income meaning 100% tax on gains I do not have! Meaning i have to pay 16k on taxes which I dont have
What should i do? Should I skip this tax year and just do it next year? I still haven't send my file yet would i still get charged interest if I do my taxes next year!
Help please
March 31, 2022
2:29 PM