How to File Income Tax Return for Share Trading

If you’ve been engaged in share trading and have received profits, you may be wondering how to file income tax returns for it. You need to report the trading gains or losses on Schedule C of your income tax return. The expenses you pay while acquiring and selling the shares are not tax-deductible, so you must use these expenses to figure the gain or loss incurred when the shares are sold. The good news is…

"How to File Income Tax Return for Share Trading"