05-17-2016, 03:41 PM
Good point. I hadn't thought of the taxes being a probable pain in the ass. Did you do day trading exclusively in your IRA too? I guess that simplifies the taxes there, as well?
Always thought that trades were a sufficient pain in the ass on tax day that I didn't know how day traders did it. I can just imagine ending the year with 100 transactions that have to be including individually in tax filings.
These days some places have automatic import. My Capital One trading account does this now, into H&R Block. I tell it my account info and blamo, right into my online taxes. Wonder if any of the P2P lending places offer that yet.
Always thought that trades were a sufficient pain in the ass on tax day that I didn't know how day traders did it. I can just imagine ending the year with 100 transactions that have to be including individually in tax filings.
These days some places have automatic import. My Capital One trading account does this now, into H&R Block. I tell it my account info and blamo, right into my online taxes. Wonder if any of the P2P lending places offer that yet.