taxes

Hi guys, I have a question about taxes.

I made about $3,000 or so from trading. What kind of taxes would I have to pay on that? I already spent the profits, so that's why I am kind of worried. Other than that I also had income from a job where I made about $12,000. But taxes were already deducted from that. That leaves just 3,000.

So what's the magic number. I am also a full time student.

 

http://www.elitetrader.com/vb/showthread.php?s=&threadid=97846
LOL

 

If it's short term, it's taxed as regular income.

 

ROTF! Good find Thermactor.

 

yes it was all short term. just swing trades. so i guess like 30% or something would be the rate

 

nice link