When you are a brand new trader and just getting started in the stock market as a beginner, a question I hope you are asking yourself is in regards to taxes. One of the worst things that can happen to a day trader is to make lots of money online, and then all of a sudden have a hidden tax bill due at the end of the year. Now, I’m not saying you need to learn every bit of tax law that exists (that’s what accountants are for), what I am saying is that you should know the basics of stock trading taxes as a beginner. By learning how taxes work and what to expect from a broad view, you can begin to take steps in your personal trading to prepare yourself for when tax season comes around. The best strategy to making money with stock trading is to have a full understanding of everything involved, including the basics of taxes and how they work, so let me explain!

Share This Post: