Please consider the following information before answering:
- I have a full time job where I earn more than $90,000 per year
- I have been trading options for the last 2 years and have made between $10K-20K annually.
- I report my income from option trading as "income" and not "capital gains"
- Would it make more sense to incorporate and trade options as a business ?
If I were to incorporate:
- How much tax would I have to pay for income from options trading ?