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The facts determine if they are a dealer or investor.
Dealer would report on Schedule c. Investor would report on ScheduleD/Form 6949.
The facts determine if they are a dealer or investor.
Dealer would report on Schedule c. Investor would report on ScheduleD/Form 6949.
If you want more elaborate discussions, you'd find them here: https://accountants-community.intuit.com/search?filters%5Bcountry%5D=US&filters%5Bdocument_type%5D=Q...
As Susan says, it depends on facts and circumstances. It's the same assessment you make as to whether these activities constitute a ToB.
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