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How do forex traders pay taxes 2024?

Charlotte Gonzalez | 2023-06-06 19:57:27 | page views：1614
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Benjamin Wright

Works at the International Seabed Authority, Lives in Kingston, Jamaica.
Section 988 transactions, the default method of taxation for currency traders, treats the gains or losses from forex transactions as ordinary gains or ordinary losses. If you have forex gains, they are taxed as ordinary income, subject to which ever tax bracket you fall under.May 23, 2013
2023-06-10 19:57:27
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Ethan Brown

QuesHub.com delivers expert answers and knowledge to you.
Section 988 transactions, the default method of taxation for currency traders, treats the gains or losses from forex transactions as ordinary gains or ordinary losses. If you have forex gains, they are taxed as ordinary income, subject to which ever tax bracket you fall under.May 23, 2013
How Currency Traders Can Reduce Their Taxes - TraderPlanet
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