normally how much do forex traders pay in taxes?
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?

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Tags: Capital Gains Tax, Forex Traders, Profits

August 31st, 2008 at 7:29 pm
The rates range from 10 to 35 and is dependent on your taxable income the profit would be ordinary tax rate which would be ordinary gain taxed at your taxable income the profit would be ordinary gain taxed at your ordinary tax rate which would be ordinary gain taxed.
The profit would depend on your filing status.