1040 tax form Occupation?

Discussion in 'Taxes and Accounting' started by flipside21, Jun 30, 2011.

  1. What do yo list as your occupation on your 1040 tax form?

    1. Investor
    2. Daytrader
    3. Speculator
    4. Liquidity Provider
    5. Financier
    6. Other?
     
  2. I use "Retired".
    Never had a problem or question about it for the last 8 years.
     
  3. gambler
    porn watcher
    habitual masturbator
     
  4. lindq

    lindq

    Self-employed. IMO, best to keep it general.
     
  5. Choose retired. The others mentioned could be an audit red flag.
     
  6. Bob111

    Bob111

    unemployed for at least 10+ years.
     
  7. Bob111

    Bob111

    then there is should be SS and rest of taxes..combined with state,federal,school and local can easily exceed 50%