Tax question on reporting Forex P/L, Interest

W

white_zombie

Hi,

I am newbie to forex trading, I saw my Oanda 2008 summary which shows "Interest" and "Profit/Loss" in two columns. Earlier in the year I opted out of Section 988, how are we supposed to report this "interest" and "profit/loss" ?

Any help with this will be most appreciated.

Thanks!

White
 
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