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Thread: Reporting forex on 1040

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#26 (permalink)

06-30-2007, 08:42 AM

GreenTrader Tax GreenTrader Tax is offline

CPA, CEO Green & Company CPAs, LLC

Join Date: Mar 2006

Posts: 186

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forex tax

As we point out on our Forex Tax page http://www.greencompany.com/Educatio...Currency.shtml, the forex tax rules are vague and widely misunderstood.

It's par for the course to call the IRS and get different phone answers from different agents on complex tax treatment questions.

Read our entire Forex Tax page and then consult with your own accountant too if you like.

Thanks.

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