Filing taxes

Apr 04, 2018 at 09:46
804 Views
4 Replies
Biedrs kopš   2 ieraksti
Apr 04, 2018 at 09:46
Hi,
does anyone know how to report the Forex gains (losses)
Since Oanda does not supply a 1099, I am unsure how to report the trades . ..
As a whole number like in Futures or every single trade? (That would be a pain in the butt)

Any tip or hint would be highly appreciated.

Cheers
By teaching I'll be taught . . .
Biedrs kopš   522 ieraksti
Apr 04, 2018 at 13:37
Perhaps he best would be to contact with local tax authorities
Biedrs kopš   2 ieraksti
Apr 05, 2018 at 06:19
Thanks for the answer, but that does not help . . .😁
The 'local tax authorities' don't have a clue, neither do most of the PAs.

I can not imagine, that nobody in this forum has ever filed his/her Forex gains or losses . . .
I am not asking for a tax advice, just which forms you guys used, or how they are reported.

Cheers
Fxbookskip
By teaching I'll be taught . . .
Biedrs kopš   4 ieraksti
Sep 27, 2021 at 15:47
I encountered a similar problem. My primary income comes from freelancing, and I don't know how I can verify it.
Biedrs kopš   3 ieraksti
Sep 27, 2021 at 15:49
It's elementary. You can now find many companies on the Internet that cooperate with significant trading exchanges, including Forex. Nowadays, creating an income statement is easy and not time-consuming.
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