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Old 01-04-2005, 13:49   #1
floyd084
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Join Date: Apr 2005
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Talking I need a little tax help please.
I was wondering exactly how i elect out of IRC 988 so i am able to file my return under section 1256.

IRC988 is the default tax code for currency traders, you can opt out of this and get special benefits by choosing section 1256.

http://www.forex-day-trading.com/forex-taxes.htm
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