Archive for the ‘United States’ Category
How do I pay income tax on ForEx earnings?
John S asked: I am doing normal daily trading of EUR/USD, trades lasting a few hours on average. I am not sure if this is considered futures or securities and I therefore don’t know how to pay taxes on it.Shannon
Can I put Capital Loss in Forex trading on Tax Return?
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.Colton