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Old 08-15-2006, 05:37 AM
dslmattman dslmattman is offline
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This is too hard to figure out!

I give up. This tax stuff isnt made for me and I wish I could find a tax addvisior to take my woes away.

I bought the "The Tax Guide for Traders" and I'm so lost in this book. I cant make heads or tails out most of what the book takes about, most because it doesnt pertane to me.

I lost about a grand or a little more on FXCM spot exchange on the forex but I cant figure if I should cliam the lose. Should I throw it out since is such a small amount? At first I made 200 off of my first 1000 and then it tanked, Is that 200 and the other gains I made something to consider? I know about the 988 and 1256 but I dont know how to write it all up on my taxes. The books show that its out there but it goes into some hardcore stuff and then I'm lost. Is there a "got a small lose on your taxes from the forex and you got one day to file" book. Thats what I need.

Thanks,
Matt
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