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Old 03-01-2007, 09:48 PM
 

Join Date: Feb 2007
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Default Taxes

Just have a quick question. How much does everyone set aside for taxes on their earnings? Thanks
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Old 03-01-2007, 10:14 PM
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For that matter, how does one report Forex earnings on one's tax return?
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Old 03-01-2007, 10:33 PM
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Below are some links for the answers that have already been posted on this topic. I haven't traded with real money for a full year yet but I don't see how anyone could "set aside" a certain amount since you don't know exactly how much you will earn/lose. Forex is not like a job where you know your salary up front ever year and you know what your taxes are.

http://www.babypips.com/forums/newbi...ighlight=taxes

http://www.babypips.com/forums/forex...ighlight=taxes

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Originally Posted by bnob99 View Post
Just have a quick question. How much does everyone set aside for taxes on their earnings? Thanks
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