I recently opened an e*trade account and I started playing around a little, with the intention of becoming familiar with the stock market. I put in just a few dollars, and have been doing what most here call 'speculating' - taking shots on random stocks.
What will the impact be when I file taxes? I made a few dollars, but nothing near the limit to disqualify me for unearned income credits. How much does a standard accountant charge to file capital gains documents? Are there any other issues I should be aware of?