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maidog6 OP t1_jedd6yu wrote

Reply to comment by jemilk in Can someone help me understand my taxes as an unprofitable day trader? by maidog6

Im in the US. So how much would I owe if I lost 4,619. I have no gains. So I have to pay taxes on losing money.

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jemilk t1_jeddj0l wrote

No. You’d likely owe nothing and have a carryover loss to apply to next year’s gains. But you still have to file the taxes showing you owe nothing.

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maidog6 OP t1_jede2fp wrote

ah ok. thanks for letting me know this. i appreciate that

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