Forex + Taxes?

Discussion in 'Forex' started by pvTrader, Aug 25, 2003.

  1. pvTrader

    pvTrader

    How do you report gains and losses for Forex? Which forms do you use? Is the tax structure treated the same as the emini?
     
  2. My understanding is forex is a 1256B contract so taxes would be calculated in the same method as for the e-mini (futures).

    Do a search for taxes, 1256, etc. There's been some earlier discussions on how futures are taxed.

    Always wise to check with an accountant if large sums of money are involved.