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2019/05/31 · To report forex trading under Section 988, then you can import the data from your broker directly with a program such as GainsKeeper. or enter the information manually into TurboTax as Miscellaneous Income:. Click Federal Taxes -> Wages & Income and scroll down to Less Common Income; Go to the last selection, Miscellaneous Income and click Start

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If you're a returning user, we'll automatically transfer your efile information from your previous year's return to save you even more time.

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TurboTax maker Intuit nears agreement to buy Credit Karma

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Lessons from the Pros - Online Trading Academy

/r/Forex is your forex trading community here on Reddit!! We cover trading setups, trading strategies, fundamental and technical analysis, and automated trading. /r/Forex is also the official subreddit of FXGears.com, a trading forum run by professional traders.

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How Are Futures & Options Taxed?

Section 1256 contracts and straddles are named for the section of the Internal Revenue Code that explains how investments like futures and options must be reported and taxed. Under the Code, Section 1256 investments are assigned a fair market value at the end of the year. If you have these types of investments, you'll report them to the IRS on Form 6781 every year, regardless of whether you

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2008/03/15 · TurboTax and Spot Forex Rookie Talk. After spending 3 days straight reading about taxes on spot forex and finding that every other document contradicts the last or …

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Futures trades and TurboTax | Elite Trader

2009/02/20 · Filing spot forex loss from 08 in 08 returns on Turbo Tax? Can any one tell me where should I enter Forex Trading loss in Turbo Tax 2008? I'm a new forex trader with a trading loss from 2008 only, I want to report this loss on the 2008 Tax return.

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Day Trading Taxes - Complete Tax Guide For Traders • Benzinga

So, on the whole, forex trading tax implications in the US will be the same as share trading taxes, and most other instruments. Whilst futures options can come with some interesting stipulations, the primary concern for all instruments is around ‘trader’ vs ‘investor’ status.

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2019/02/19 · Here’s how I think these court cases apply to the real world. Say you spend 10 hours a week trading and total about 200 sales a year, all within a few days of your purchase.

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