N nravo Nov 14, 2007 #1 Any clarifications coming from the IRS on whether cash Forex has to be marked-to-market (MTM) for those of us not opting out of IRC 988, and declaring a gain or loss as ordinary income this tax year?
Any clarifications coming from the IRS on whether cash Forex has to be marked-to-market (MTM) for those of us not opting out of IRC 988, and declaring a gain or loss as ordinary income this tax year?