Jose Luis NogueraDec 26, 2021 · 3 years ago3 answersHow does the self-employment tax apply to day traders in the world of digital currencies?
In the world of digital currencies, how does the self-employment tax apply to day traders? What are the tax implications for day traders who engage in buying and selling cryptocurrencies as their primary source of income? How does the tax authority classify day traders in the digital currency market? Are day traders considered self-employed and subject to self-employment tax? How does the self-employment tax differ from other types of taxes that day traders may be subject to?
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