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How to record Forex losses on Schedule D?

Question by John: How to record Forex losses on Schedule D?
Do I need to itemize each and every Forex transaction? There are hundreds of them.

Or since I had a loss, can I just not list all the positive transactions and then also not list the same amount of negative transactions (leaving only the actual loss) ?

Best answer:

Answer by Mathew
You will need to list each sale on a Schedule D.

Know better? Leave your own answer in the comments!

3 comments - What do you think?
Posted by JasonRocker - February 12, 2012 at 6:50 am

Categories: Forex Questions   Tags: , , ,