Forex Tax Treatment 2015

09 Apr

Forex tax treatment is unique and widely misunderstood by local tax professionals.

Apr 09, 2015 at 4:15 pm EST

If you want a recording, we suggest the latest version: How To Report Forex Trades On 2016 Tax Returns & 2017 Planning

Join Green NFH CPA and forex tax expert Robert A. Green CPA. In this GreenTraderTax Webinar, Mr. Green will explain how to handle forex trades on income tax returns including:

  • Spot, forward and OTC options;
  • Section 988 ordinary gain or loss treatment;
  • Section 988 opt-out (capital gains) election;
  • Qualifying for lower Section 1256(g) 60/40 capital gains rates;
  • Reporting unrealized gains and losses with Section 1256(g);
  • Rollover trades, interest and open P&L;
  • Broker tax reporting, tax forms and summary reporting; and
  • CFTC rules for retail off-exchange forex traders.

 

Testimonials

As all of you know, this has been a difficult time for me as well as my family for past few years. However, without Mr. Green's leadership, expertise and knowledge, and the rest of this team's efforts, I would have been in a worse situation than I am in now. I cannot find words especially at this happy time to show my gratitude for all of the work every one of you did to put this case together to show my true intention for this business. My special thanks goes to Deborah King with her detailed work and knowledge, Amanda Smitson for her skill and communication, Mark Feldman with his experience and representation, Darren Neuschwander with his review effort and last but not least Mindy Bartholomew with her patience. Again, awesome job and team work ... every one of you who was part of this case deserve a big kudos. Add another big win for Green & Company.

MK

Close