forex profits
May 1st, 2010
No comments
What are the tax implications of gains and losses in the forex market?
- As an individual investor
losses can be used to offset profits. If your earnings are the result of a holding period of more than one year are subject to a favorable tax rate, about half of normal. You can deduct $ 3,000 of losses against ordinary income if married a joint statement and can be used for two years.
Scalp Your Way to Forex Profits