Taxes on day trading: how much money would be tax-free?
Hey, I've been trading for two weeks now and generally have a good trading strategy where I'd be willing to trade with my own capital. I've also already found the right broker for it, but what about taxes? How much do I have to pay in taxes or even register a business? Thanks.
…but how does it look with taxes from how much I have to pay taxes or even register a business.
If you do not have any other income, eg from non-self-employed activity, you should still make an Ek tax return if your average tax rate is below 25% and therefore the too much retained cap.tax lets you reimburse!
In a German bank/broker, the 25% KapESt (plus SolZ) is retained by the latter and transferred to the FA. This has retaliation effect. Basis of assessment:
In determining the income from capital, an amount of EUR 1 000 shall be deducted as advertising costs (parer fee); the deduction of actual advertising costs is excluded.
Industry is not required
This Savings Package amount can be divided into the respective banks within the framework of an exemption order (FSA), depending on the FSA set, no tax is paid by the bank up to the respective amount and the Cape income is tax-free.
However, this applies only to a German bank, if the capital income from abroad is taxable within the scope of the tax return
So, thank you as I read it out, I don't need any business and the taxes are automatically deducted or?
At a German broker
Business must register credentials from 700 per month
Wrong and wrong
Faith doesn't mean to know…
You don't need business and the taxes are wrong.