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Re: Joe1984 post# 128559

Sunday, 03/02/2014 7:20:54 PM

Sunday, March 02, 2014 7:20:54 PM

Post# of 140146
Joe just saw your question on taxes. I have this link, answers a lot of questions. If your making serious money want to try to do the 1256 60/40 split, however it does require specific record keeping they say, this article explains it, ton of FX tax info on this site, In my reading online it seems FX is still a grey area for the IRS, since spot trading of FX has become popular they have not laid down specific rulings.

https://www.greencompany.com/EducationCenter/GTTRecCurrency.shtml

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