[ Some part time traders plan to leave their jobs soon or are worried about being laid off. They are in search of a new career that provides independence, excitement and use of their talent and skills. Trading is an easy business to start, you donít need any customers.
If you are a part time trader, you need to tell your story to the IRS on your tax return in a positive and strong manner, to nip any IRS questions in the bud.
This describes my situation very well. I expect my job to go to Taiwan in the next 12-18 months and have been trading at work trying to build my account and trading skills. How would one explain this on a tax return? Do you just attach a letter or something?