I lost money trading foreign currency through OANDA I have a printed copy from them of my net realized loss but no 1099B

Section 988 taxes FOREX gains and losses likeordinary income, which is at a higher rate than the capital gains tax limefx courses scam for mostearners. An advantage of Section 988 treatment is that any amount of ordinaryincome can be deducted as a loss, where only $3,000 in capital gains losses canbe deducted. “Except asotherwise provided …

I lost money trading foreign currency through OANDA I have a printed copy from them of my net realized loss but no 1099B Read More »

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