Author Topic: Short Term Capital Gains Tax  (Read 236 times)

ann1act

  • Newbie
  • *
  • Posts: 6
    • View Profile
Short Term Capital Gains Tax
« on: May 22, 2020, 06:59:28 PM »
I've been doing some day trading (more like week or month trading), but still falls under the short term capital gains tax. Besides doing this trading in a Roth (which is rather small and so limits my ability to trade), is there another way to avoid the taxes? I've been doing very well recently, and I don't mind contributing to roads, education, etc, but I would like to explore ways of keeping a little more. Currently, being taxed at 32% federal. Thanks for ideas!

gocurrycracker

  • Administrator
  • Sr. Member
  • *****
  • Posts: 297
  • I live here.
    • View Profile
    • Retire Early. Travel the World.
Re: Short Term Capital Gains Tax
« Reply #1 on: May 23, 2020, 01:00:13 AM »
Nothing that I'm aware of

ann1act

  • Newbie
  • *
  • Posts: 6
    • View Profile
Re: Short Term Capital Gains Tax
« Reply #2 on: May 24, 2020, 06:24:43 PM »
Thanks. That was my thinking also, but I know there are much better experts here than I am. Was hoping I might have missed something.