Aug
27
normally how much do forex traders pay in taxes?
Posted by admin under United States
none g asked:
i know every one pays a different amount of capital gains tax. i know that in the U.S. traders usually pay between 20-30% of of their profits. what about forex traders?
i know every one pays a different amount of capital gains tax. i know that in the U.S. traders usually pay between 20-30% of of their profits. what about forex traders?
August 29th, 2008 at 12:22 pm
Generally the profit would be ordinary gain taxed at your ordinary tax rate which would depend on your taxable income. The rates range from 10% to 35% and is dependent on your filing status.