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Reporting taxes please help
- Thread starter Econmajor
- Start date
Form 6781
If you earned or paid any interest it goes directly to line 21 1040.
If you earned or paid any interest it goes directly to line 21 1040.
Quote from Econmajor:
I did some forex trading this year and suffered a loss. How do I go about reporting that loss? I am using turbotax to file online and I can't seem to find anywhere to report losses. Any help would be greatly appreciated. PM me if'd like.
Pay a CPA 100.00 to do it for you. No headaches. Simple. Make sure you find one that specializes in "securities taxes". And don't go to H&R block or Jackson Hewitt. They are clueless. They do mostly EZ forms.
Quote from Econmajor:
I did some forex trading this year and suffered a loss. How do I go about reporting that loss? I am using turbotax to file online and I can't seem to find anywhere to report losses. Any help would be greatly appreciated. PM me if'd like.
Line 14 on the 1040 form. (attach form 4797)
That's all I know. I just read it off the form. Get it in the mail by APril 15th. Or else the IRS will come looking for you and take away your house, car, attach your paychecks, and anything else you have of value. <b>APRIL 15, 2007</b>