Day trading fees and taxes
Feb 19, 2019 · In the world of taxes, “trader” and “investor” each has a special meaning that carries with it some pluses and minuses. On the last trading day of the year, you pretend to sell all How to Pay Taxes on Day Trading | Pocketsense Dec 12, 2019 · Total your margin interest and brokerage fees. If you have the ability to borrow money from your broker so you can buy more stock than you have cash for, you pay interest. You can deduct the cost of that interest from your day-trading profits. You can also deduct trading fees your broker charges.