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09:58
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Originally posted by denk12
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As most short term traders loose money, rather than make money, getting treated as a trader seems the prudent way to go.
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No, as long as you meet the commercial business tests you can use the loss, one of the tests is simply turnover of at least 20k, any trader will meet this easilyhttps://www.ato.gov.au/business/non-commercial-losses/eligibility/
