Comment on Tax loss harvesting

dhyan40 commented on 24 Mar 2015, 05:01 PM

What is the definition of an active trader? How many trades a week/month/year?
How many maximum trades should I do per week/month/year to remain classified as an investor and not as a trader?

I understand, that even if I do one trade in Futures, I will be classified as a trader. Is this true?
If I do intraday delivery of stocks a few times(buy and sell the same day) will I still be classified as a trader?

I have foreign(USA) stock long term capital gains? Will that be considered as trader income or investor income? It is foreign USA stock that I held for more than 2 years.

If I stop trading futures next year and only stick to equities, can I change my status to investor next year?

View the full comment thread »