Hi all:

VERY IMPORTANT.

I am the moderator/author for this Forex Tax forum.

I just wrote a significant new article on Forex Fax for our firm GreenTraderTax. It's published on our site here.

Or just access our Forex Tax page from our home page at www.greentradertax.com (see Spotlight section).

I strongly suggest that all forex traders filing US tax returns read this new content.

It materially modifies some of our prior Forex Tax content, advice and suggestions on forex tax treatment and tax reporting strategies.

Thank you,
Robert A. Green, CPA
CEO of GreenTraderTax.com

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Robert- Thanks for all your help. Can you write off on your schedule C the commissions your broker charges you for forex transactions under the Commissions section.

Also, for net interest earned on positions held is that simply claimed on
Line 8a of your 1040?

Euchre

Commissions are part of trading gains and losses, they are not separately-deducted business or investment expenses.

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