Question by John: How to document Forex losses on Timetable D?
Do I will need to itemize each and every single Fx transaction? There are hundreds of them.
Or because I had a loss, can I just not listing all the constructive transactions and then also not listing the same amount of unfavorable transactions (leaving only the genuine loss) ?
Very best solution:
Reply by Mathew
You will want to listing every sale on a Routine D.
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June 8th, 2011 at 4:00 pm
Call your broker to find out how you can download the information directly to your tax return software.
June 8th, 2011 at 4:36 pm
Your broker should have a write up on this.
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