passive income taxation

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This page displays all the results for the Passive Income Taxation tag, sorted by the most recent activity. There are a total of 1 questions that have been tagged with Passive Income Taxation. Explore the questions to find discussions and information relevant to this topic.
Aug 27, 2024
4 months ago
Steve ******
ORIGINAL POSTER
Just had my DTV approved. Remote work as a day trader (Stocker Trader). I applied through the New York office in US (online) as I am American. I submitted most recent bank statement showing adequate funds, a cover letter explaining I was self employed working for myself and listing my additional attachments of the following to show this - trades year to date (2 individual brokerage accounts), my most recent monthly brokerage statements for each account, the most recent crypto statement for the one account I have crypto in, and my last years tax return. I was never asked for any further paperwork. My status went from pending document approval, right to pending final approval a day later, then reverted back to pending document approval around 10 business days into the process, where it stayed for 1 day before returning to pending final approval. It took exactly 15 business days (As was listed on the website). There were not any data points I could find for this type of remote work anywhere, so I was pleasantly surprised to get approved. I do have a very good passive income which allows me to travel and also explained this in my cover letter (its supported by my tax return). I put all of this all in one pdf and compressed it to submit on the webpage. Hope this helps others.
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