I need someones judgment on currency trading taxes in the United States?
Tuesday, December 30th, 2008 at
6:33 pm
college student asked:
I have traded. Made profits and losses. My concern is what is taxed, the final outcome of my account (tax net profit?) or all the times I have profited at each trade. Do not know how these taxes work and need an internet source to look it up.
I have traded. Made profits and losses. My concern is what is taxed, the final outcome of my account (tax net profit?) or all the times I have profited at each trade. Do not know how these taxes work and need an internet source to look it up.
Regards.
Tagged with: Currency Trading • Judgment • Losses
Filed under: Forex
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IRS has web site. Then booklets for specific subjects you can order, no charge.