Any of you day trade stocks in the US? I don't mean swing trade, purely day trading. I'm trying to find out more regarding the tax implications. I've tried to gather this information via Aussie websites/whirlpool forums etc however, it's vague and you guys may be blazed a trail way ahead of me Just want to get the tax things under control before I loose my hard earn savings
such as.... Any recommendations about a good tax accountant who specializes in this ? or good questions to ask my accountant? Basically if I trade stocks in the US what in your opinion is the best way to keep records (spreadsheet?) of losses and gains. It would be really good to hear if one of you is already trading from Aus in US stocks right now? I'm sure one of you guys are clever enough. I"m calling upon your insight SilverSanchez