Where do I input information related to day trading stocks which will end up on the T2125 as self employment?

I have seen much discussion on capital gains/losses but this is for day trading as self employment.  I have read that I need to enter the information as inventory but I see no place to do so in the Turbo Tax program.

Self-employed

Are you using TurboTax CD/Download or TurboTax Online?

Self-employed

Hello Susan,

 

I am using TurboTax Online.

Self-employed

When it asks, "Did you sell products that you bought or manufactured?", answer Yes to see the Inventory boxes. This page should show up just after the Income section.

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Self-employed

I just went through the Self Employment section again and I do not see that question asked anywhere.  I am trying to complete my 2022 taxes. 

Self-employed

When you first created the business, did you choose "Professional services" or "Business (Goods sold)". You will only see the Inventory section if you chose "Business (Goods sold)".

Self-employed

I am just trying again from the start and opted for the Business (goods sold) option.  I will go down this path, thanks.  Another question, when I am entering the "inventory" (stock shares) do I list every trade individually or just the yearly total in/out?

Self-employed

Just the totals. 

Self-employed

Sorry for all the questions, by totals do you mean total amount spent buying and selling all the different stocks or buying and selling of each individual company?  I traded many different stocks throughout the year. 

Self-employed

The total of whatever you buy & sell. You started the year with $xxx, you bought $xxx during the year, then you had $xxx at the end of the year. From that your cost of goods sold is calculated.