Can I put Capital Loss in Forex trading on Tax Return?
August 23rd, 2008
nycxwes asked:
So this year I tried www.fxcm.com Forex trading and lost $1300. I was wondering if I can somehow put this on my tax return as capital loss and where I would put such an item.
CRIADO
So this year I tried www.fxcm.com Forex trading and lost $1300. I was wondering if I can somehow put this on my tax return as capital loss and where I would put such an item.
CRIADO
Yes you can. It may not be legal but you can do it. Good Luck
yes you can , same as if you made profits.
The obvious place to put it is on schedule as short term losses these follow irc 988 unless you previously elected to put it is on schedule as short term losses these follow irc 988 unless you previously elected to put it is.
The obvious place to put it is on schedule as short term losses these follow 1256.
The capital gains on another forexsecurities related trade.