As a forex trader, you have a choice of two very different tax treatments: Section 988 or Section 1256.TradersAccounting.com Forex: Know What You Trade to Avoid Tax Traps: Forex, the foreign currency exchange market, can be a lucrative one indeed for traders skilled in.Opinions expressed by Forbes. and several I haven. maintaining that Endicott was an investor rather than a trader.
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Make Sure that you Consult with a Tax Professional about your Forex taxes. IRC 988 applies to cash Forex unless the trader elects to opt out.
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Investors can get tax advantages on some FOREX trades, but these advantages can disappear if the trades result in losses.Forex Us Dollar Rallies Against Euro Pound On Safe Haven Demand Free and detail about Forex Us Dollar Rallies Against Euro Pound On Safe Haven Demand free download.
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