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Filing
As a day trader your income is considered business income. Therefore you will report your income under the T2125- as a business income. In the Business section you will be able to enter your profit or losses. If its a negative it will reduce other source of income. There is no capital gain as a day trader.
As a trader you can claim business expenses.
You will not enter your T5008 slips- only report your income on the T2125.
Thank you for choosing TurboTax.
May 17, 2022
6:21 AM