R R rwurly Jan 5, 2017 Do Individuals who are members of the CME IOM pay taxes as ordinary income on gains in 1256 contracts? If you are not a member you pay 60% long term capital gain and 40% short term capital gain Thank you, Rick rwurly
Do Individuals who are members of the CME IOM pay taxes as ordinary income on gains in 1256 contracts? If you are not a member you pay 60% long term capital gain and 40% short term capital gain Thank you, Rick rwurly