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day trading taxes everybody wants to know how to make money but not a lot of people know how taxes work when it comes down to day trading weamp;#39;re gonna talk about day trading taxes in this video so make sure you guys stay tuned whatamp;#39;s going on guys so today weamp;#39;re talking about day trading taxes and I want to make it very clear that I am NOT a professional tax person by any means so whatever I say in this video take it with a grain of salt until you go out and you talk to a professional if you have real questions and youamp;#39;re wondering about your personal taxes please please go out there and find a professional who is actually certified and knows what theyamp;#39;re talking about but letamp;#39;s just talk about day trading taxes and how it works so basically the way that the IRS looks at taxable income when being a day trader is that as a day trader the money that youamp;#39;re making is like youamp;#39;re self-employed so youamp;#39;re like a 1099 cont