After being employed in the UK for a number of years (UK employer), a friend returned to the US and while looking for a job, did a number of stock trades. Would he be a trader or investor? He's hoping to be able to deduct full computer costs and other home office costs as a trader and not be subject to the 2% AGI rule. Please point me to an FAQ if there is one available.ThanksChrisps.my friend is enjoying trading so much he still does not have a job!
take a look at: http://www.traderstatus.com/--Castigs
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