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Visitor III

Turbo Tax Biz / Profession

I have stopped consulting biz & now I buy & sell shares but don't trade daily. What should I declare as my profession since there is no income from consulting? Retired or ....    

1 Comment
TurboTax Specialist

Turbo Tax Biz / Profession

In a sense, it does not matter what you enter in the Occupation field; the IRS just uses this field for statistical purposes. There is no list of Occupations from which you are supposed to draw.

 

In your case, "Investor" would make perfect sense. "Retired" would work, too.