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Old 02-17-2007, 08:33 AM
Currency101 Currency101 is offline
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Quote:
Originally Posted by GreenTrader Tax
Yes, forex ordinary gain or loss per broker is reported in a summary fashion on line 21 of Form 1040.
So you only need to fill this line out, not worry about entering all the individual transactions like you would in stock trading? I'm new to forex, and this is the first year that I deal with forex tax. Please be specific as much as you can.


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