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What do I put in "What product or service did you provide?" under business expense if I am full time day trading stocks?
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February 25, 2021
10:51 PM
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Investors and rental owners
As a day trader, since your time horizon is only within the day, you are a reseller of securities. It is assumed your goal would be to buy low and sell high within the day, or the reverse; sell high and buy low within the day. For more information on this subject: TurboTax - Capital Gains When Day Trading in Canada
Thank you for choosing TurboTax.
April 14, 2022
2:06 PM