Filing taxes

fxbookskip

Mar 23, 2018 zamanından beri üye 2 iletiler

Apr 04, 2018 at 09:46

Mar 23, 2018 zamanından beri üye 2 iletiler

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 . . .

BaldoN

Feb 12, 2016 zamanından beri üye 507 iletiler

Apr 04, 2018 at 13:37

Feb 12, 2016 zamanından beri üye 507 iletiler

Perhaps he best would be to contact with local tax authorities

fxbookskip

Mar 23, 2018 zamanından beri üye 2 iletiler

Apr 05, 2018 at 06:19

Mar 23, 2018 zamanından beri üye 2 iletiler

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 . . .

ronnhunt

Sep 16, 2021 zamanından beri üye 3 iletiler

Sep 27, 2021 at 15:47

Sep 16, 2021 zamanından beri üye 3 iletiler

I encountered a similar problem. My primary income comes from freelancing, and I don't know how I can verify it.

Amelainn

Sep 25, 2021 zamanından beri üye 3 iletiler

Sep 27, 2021 at 15:49

Sep 25, 2021 zamanından beri üye 3 iletiler

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.

EURUSD	1.13774	GBPUSD	1.33946	AUDUSD	0.64108
USDJPY	142.452	USDCAD	1.38347	USDCHF	0.82339

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