I have no clue how to use this site for calculating forex gain/loss. Anyone with experience want to toss me a bone? Before I get hit with insults, i'm not a complete derelict. Just never used IB's platform and i'm completely lost.
When I asked them a while back the fella said it was simple..."Just give it to your accountant" = comforting.. Take 2010 statement end balance - begin balance Net out deposits and withdrawls then subtract 1099 (reported) transactions = Forex I believe that option transactions might not be accounted for on 1099 as well (check that) if so you need to account for that separately. That same statement 2010 you can also figure out your int. earned and paid as well as commissions in USD which I assume is your account denomination.
LOL no kidding. Thanks for the help! I'll double check what I did with this. Thanks again - Dan What I did was Go to activity download and plug the monthly totals into excel? Don't forget to add on commissions.