Home > United States > How do you declare your forex profits/losses on your tax returns?

How do you declare your forex profits/losses on your tax returns?

October 25th, 2009
forex
Jason B asked:


I imagine it is different than stock gains/loses on a Schedule D.

CAMPESE
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • blinkbits
  • BlinkList
  • De.lirio.us
  • Fleck
  • Furl
  • LinkedIn
  • Live
  • Ma.gnolia
  • Propeller
  • description
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz
  • Yigg

United States , ,

  1. v b
    October 28th, 2009 at 05:35 | #1
    Reply | Quote

    An attached explanation.

  2. xtraheavy01
    October 31st, 2009 at 11:41 | #2
    Reply | Quote

    Jason B

    You report your profits/losses on IRS form 6781 and transferred to Schedule D

    60% are considered long term

    40% are considered short term

  3. Anil Kumar Raju
    November 3rd, 2009 at 14:28 | #3
    Reply | Quote

    Forex measures apply to the extent such gains and similar financial institutions.

  1. No trackbacks yet.
Comments are closed.