You are viewing a single comment's thread from:

RE: The Difference in Taxation Between a S Corp and an LLC

in #tax6 years ago

I would argue that mining constitutes active income based on the fact that it is treated as an active trade or business for purposes of the self employment tax. As portfolio income defaults to the passive category, I would consider day trading and investing (holding) to be passive income.

Coin Marketplace

STEEM 0.23
TRX 0.12
JST 0.029
BTC 66216.02
ETH 3547.44
USDT 1.00
SBD 3.01