Forex Killer
Saturday, January 10th, 2009

normally how much do forex traders pay in taxes?

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?

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 ȃ% and is dependent on your filing status.

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This entry was posted on Saturday, January 10th, 2009 at 5:46 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “normally how much do forex traders pay in taxes?”

Mathew Says:
January 10th, 2009 at 11:09 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.
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