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New Member
posted Apr 22, 2024 11:04:23 AM

How do I report losses from FOREX trading in TurboTax? My broker only provides a statement and no tax slips.

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Moderator
Apr 22, 2024 11:13:12 AM

You can report your FOREX gains/losses in the capital gains/losses section (Schedule 3), unless FOREX transactions are a business for you ("day trader"), then you'll need to fill out the Self-Employment section (T2125).