Hi to all folks. Client has a 1099-B from gain Capital Holding and annual statement from Forex.com
Said, 1099-B is about metal trading and annual statement for currency exchange.
His 1099-B has a number on box 8 (negative amount) and box 11, aggregate profit or loss same amount but does not have cost basis, proceeds, short-term, long-term, date acquired,.....
He also has a annual statement from Forex.com with Realized P/L From Settled Trades : negative amount
Financing amount, Interest and Fees Deposits,.....
For me it is very new and do not know how to enter it, could I have your help.
Thanks
It is new for me and I need a help my folks.
Did you learn anything? I have the same type of Forex P/L statement showing losses. Can be Section 988, but I can't figure out how to enter than in ProSeries.
form 6781, Gains and Losses From Section 1256 Contracts and Straddles.
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