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I have some losses and I would like to to know how do I file these losses on turbo tax. By default, retail FOREX traders fall under Section 988, which covers short-term foreign exchange contracts like spot FOREX trades. Section 988 taxes FOREX gains and losses like ordinary income .For beginner forex traders, the goal is simply to make successful trades. In a market where profits - and losses - can be realized in the blink of an eye, many .Reporting FOREX profits and losses depends on if it is an over-the-counter trade or a currency future contract. By default, retail FOREX traders fall under Section 988, which covers short-term foreign exchange contracts like spot FOREX trades. Section 988 taxes FOREX gains and .LONDON--Hiscox Ltd. HSX.LN said Monday increased investment returns, significant foreign exchange gains and good underwriting .





Spot FOREX Trade Taxes By default, retail FOREX traders fall under Section 988, which covers short-term foreign exchange contracts like s .For beginner forex traders, the goal is simply to make successful trades. In a market where profits - and losses - can be realized in the blink of an eye, many .Investors can trade on the changes in foreign currency value through a FOREX account. Gains and losses between the currencies are tracked using a special .Forex trading profits are reported to the Internal Revenue Service in two different ways. IRS code Section 1256 treats Forex profits as either short-term or .



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