Tax Strategy for Forex-Question

[Alice]

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How would you decrease or increase your AGI with Forex trading losses/wins?

[Ryan Gibson]

Any trading loss would generate up to a $3000 a year loss.

If you trade cash forex, any loss would be ordinary and would lower your taxable income 100%.

If you trade futures on forex you reach the $3000 a year limit.

Regards,
Ryan Gibson
Traders Accounting