never mind — well after reading the last post, now i'm not so sure anymore

FF Trader Tax Thread

Thank you very much Jim, that makes perfect sense. I feel a lot better now.

FF Trader Tax Thread

Me neither an I am getting frustrated trying to find an answer. For 6781 Turbotax wants me to list all of my trades. Do i have to do it or not??

FF Trader Tax Thread

Thats what i think i have to do. I have all of my transactions, but i don't want to type them into turbotax, and TT isn't giving me any option to import them besides typing them all in? so i don't know....

Turbotax

Every search on google's first page about forex taxes talks about sections 1256 and electing out of 988.... nothign about simple interest???? that link gives no reasoing, just exactly what you said? you tryin to get the irs after me? lol!

Turbotax

i have been combing the internet and have not seen anything about reporting it as interest? THe LAST thing I want is an audit. I am an IRSphobic. I'm only 18 and i don't want to piss off the IRS my first time doing this!

Turbotax

Forex and United States Tax question — Hello, this will be my first time paying taxes on my forex account. actually my first time paying taxes on any investments. I was just wondering what I use to do this? What form do I use? IS it hard or ...

Forex Taxes

that's pretty good — that's pretty good mcgrew. You worked for Rueters? Cool. BTW, I read that same article this morning, while my other high school classmates check their myspaces and play internet games, i'm reading market reports and ...

Cad/Jpy ready to fall?

mcgrew you make a good point. it is worth noting that all of those pairs you mentioned have gone up during the same time period as the graph i attached. Do you think a reason why JPY has been weak could be the subject we are discussing? oil prices ...

Cad/Jpy ready to fall?

I didn't mean for it to sound like i thought it did have relevance, i was just stating why I am holding it and why i didn't want to be caught in a strong downtrend after oil has sold off big time.

Cad/Jpy ready to fall?

Mcgrew, you didn't disapoint me, i having been looking at a chart of about 3 years of the correlation. I am pretty confident of the correation, but was just wondering about other's opinions,and if anything else could move the price short term, such ...

Cad/Jpy ready to fall?

i agree there is lag.. — Mcgrew i think your attachment might be a bit too short time frame to show the correlation?? It looks like a negative correalation but i think what it is just too little of a time frame to see the lagging movement. It ...

Cad/Jpy ready to fall?

newbie questions — Hi Itme, I am very impressed in just 30 minutes of searching through this thread. I feel a little bit uneasy about it too though. Up until this point I have been trading Cad/jpy veryyy long term with very low margin playing ...

Low Risk, High Reward Trading Experiment

zirp — i know japan recently lifted their ZIRP policy, it would be even more profitable if they enacted it again, and it would be much less profitable if they raised rates from their current .25%. Aud/Jpy at 6.0%/.25% or even 6/0 would be an ...

making (a little) money off interest

Wow, Mrmikal you sure do know your stuff!

making (a little) money off interest

I have heard of this a lot, but the question always comes up, is there any reputable broker that does not charge interest?

making (a little) money off interest