thank you so much for the insight guys!!! i will contact the some CPA around my area to see what they say too. it's hard to find a good accountant, let alone one with trading tax expertise. I honestly think asking people on this forum is better because you guys actually have experience and...
So about me: Got into trading last year, was unemployed, don't have trader tax status
So my question is regarding deducting a large capital loss last year against a large capital gain this year and if there is a 3k cap on that if i don't have trader tax status?
for example, if last year...