question Can We Claim Forex Losses In Tax Submission?

[itsram]

last year forex lo I lost around 2k. can i claim it in tax?

I checked with aotax consulting and they don't have clue about how to proceed...

 

can we do it in turbo tax? yevaranna chesi unte, please help...

or please suggest any other tax consultancies..

 

Thanks in advance...

 

[andhraajay]

LTT

[h1bstamping]

Up to 3K yes
Look for 1099 or schedule D from your trading company

[itsram]

Up to 3K yes
Look for 1099 or schedule D from your trading company

 

thank you . Fxcm doesn't provide 1099 form . but provide an account statement with the transactions and profit/loss. 

 

any suggestion please.. 

[itsram]

any suggestions. How to submit without 1099 form?

 

please help

[Spartan]

http://www.irs.gov/instructions/i1116/ch01.html