Quote:
Originally Posted by Gac57
If I'm on ss and I have a $4000 account on the side for trading stocks, would I owe taxes if haven't made any money on that account? I've had this account for 3 yrs. and have traded many stocks for only 3-4 days.
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Some day if we can get a very simple tax system the vast majority will be able to do it themselves.
My feeling is since tax law changes all the time and really do not want new dealings with the IRS better to pay a good professional.