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Forex tax reporting?


how do i report what form ect? lost 1500 day trading waht form do i use/

Wow - big loss...

Well, it depends if it was a personal transaction - hence it will be dealt with the same if you were gambling and lost that amount of money or if it was a business transaction.

You need to tell us a lot more information.

Where are you based?

Do you trade through a company or in your own name?

Precisely which type of instrument did you trade? eg. Currency future, Currency option, Currency futures option, "spot" forex?

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