1st time to forum. Could the writer help me with questions regarding the advantages of self incorporating ( usually involving setting up as a nonprofit or 501 C3 , thereby simplifying the filling of schedule D reporting requirements)for one's stock investments? You would be considered self-employed, but as your (business) records are accessible to SIPIC 24/7, you don't get capital reductions during the year if you happen to day or short-term trade on occasion.