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) ?
Tags: Forex, Losses, Record, Schedule
This entry was posted
on Wednesday, November 4th, 2009 at 7:14 pm and is filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
Responses are currently closed, but you can trackback from your own site.
Call your broker to find out how you can download the information directly to your tax return software.
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:
You will need to list each sale on a Schedule D.
Your broker should have a write up on this.