Posted by admin | Posted in Best 2010 forex signal service | Posted on 10-07-2010
Tags: currency, finance, forex, gft, trading
Deduct losses in FOREX?
I have a Forex Account with GFT. I have losses for the 2008 tax year. Are these deductible for ordinary income? And where and how would I deduct these losses?
Unless day trading is your job, otherwise it is limited to $3000 capital loss deduction per year.
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