How To Record Forex Losses On Schedule D?
Do I need to itemize each and every Forex transaction? There are hundreds of them.
Or since I had a loss, can I just not list all the positive transactions and then also not list the same amount of negative transactions (leaving only the actual loss) ?
4 Responses to “How To Record Forex Losses On Schedule D?”
Leave a Reply
You must be logged in to post a comment.
October 2nd, 2009 at 8:58 am
Call your broker to find out how you can download the information directly to your tax return software.
October 2nd, 2009 at 2:53 pm
I recommend Plus500 as it has no fees at all and they give you $20 when you register without depositing a penny. It is very easy and a good way to start make money online:
October 2nd, 2009 at 3:12 pm
You will need to list each sale on a Schedule D.
October 2nd, 2009 at 6:19 pm
Your broker should have a write up on this.