A blog about trading and investing (stocks, ETFs, forex, crypto), with some outdoor activities.
Friday, December 30, 2011
I'm doing research into how to properly file currency trades under the U.S. tax code. So far I have found that my transactions through Oanda are not contracts and therefore would not be under section 1256. However, I keep getting pointed to section 988 but am having a hard time understanding it all. If any of you have had experience in this I would greatly appreciate if you could please give me the research material that helped you best in the comments.