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    Can I record expenses on Sch C, for a stock trader, who's income to recorded as capital gains on Sch D? That means his Sch C will have a negative balance.

    bjtvrdik
    Level 1
     
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    1 Comment 1
    qbteachmt
    Level 15

    You should start with the IRS reference materials:

    https://www.irs.gov/taxtopics/tc429

     

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