PDA

View Full Version : How to report open position at end of year


crs215
03-06-2008, 01:11 PM
What if, at the end of the year, I had an open trade (FOREX) currency
gains plus interest and I didn't want to close? How does the IRS treat
an open position like this, how do I report it?

Thanks,

Chris

Ryan Gibson
03-10-2008, 03:52 PM
The held position would not be considered realized until it has been closed.

Regards,
Ryan Gibson
Traders Accounting