How is tax calculated when you earn from swing trading and premiums from selling options?
Hi all, I recently opened an account with TD Ameritrade and deposited enough capital to be flagged as PDT. So I've been swing trading a few stocks and also collecting premiums by selling puts.
Was wondering how does the tax work in Singapore for this case? Will TD submit our earnings or do we have to file our earnings ourselves?
P.S: This is my first year in the investing/trading world would like to find out more information/ article regarding this topic! Cheers
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ike-jime
28 Dec 2020
someone at from knowhere
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https://www.iras.gov.sg/IRASHome/Individuals/Lo...
Generally not taxable. Unless you are doing it as a business.
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Edward Tan
22 Dec 2020
Analyst at Real Estate Developer
Hey good question. Not too sure how useful I am here but wanted to ask what is a PDT?...
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So gains from stock are not taxed there is no criteria/info is given in trading and they are not generally taxable you are doing a business ok