AJFCapital
Newbie
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Hi All,
I just had a tax question regarding forex trading.
If I start trading on January 1 with $1000 (no other deposits) and end on December 31 with a balance of $101000, approximately how much of that money will I be able to keep (after paying taxes). Also, this is the only source of income.
I know there is going to be many answers, due to different states and stuff, but I'm just looking for an estimate.
I appreciate any help...thanks!!!
I just had a tax question regarding forex trading.
If I start trading on January 1 with $1000 (no other deposits) and end on December 31 with a balance of $101000, approximately how much of that money will I be able to keep (after paying taxes). Also, this is the only source of income.
I know there is going to be many answers, due to different states and stuff, but I'm just looking for an estimate.
I appreciate any help...thanks!!!
