1040 tax form Occupation?

[flipside21]

What do yo list as your occupation on your 1040 tax form?

1. Investor
2. Daytrader
3. Speculator
4. Liquidity Provider
5. Financier
6. Other?

 

[stinkyfelix]

I use "Retired".
Never had a problem or question about it for the last 8 years.

 

[shortie]

gambler
porn watcher
habitual masturbator

 

[lindq]

Quote from flipside21:

What do yo list as your occupation on your 1040 tax form?

1. Investor
2. Daytrader
3. Speculator
4. Liquidity Provider
5. Financier
6. Other?

Self-employed. IMO, best to keep it general.

 

[FightTheFuture]

Quote from flipside21:

What do yo list as your occupation on your 1040 tax form?

1. Investor
2. Daytrader
3. Speculator
4. Liquidity Provider
5. Financier
6. Other?

Choose retired. The others mentioned could be an audit red flag.

 

[Bob111]

unemployed for at least 10+ years.

 

[Bob111]

Quote from lindq:

Self-employed. IMO, best to keep it general.

then there is should be SS and rest of taxes..combined with state,federal,school and local can easily exceed 50%