I just wanted to ask if any traders in here are using overseas brokers for forex and if so do you have any issues around tax time? My understanding is its not illegal for Americans to have overseas brokers, but the brokers overseas are taking the risk, not us. I don't want to get into any trouble as an American. I plan on paying my taxes. I just was curious if anyone is using overseas brokers and if things are ok for you. Anything I should know? Thanks
PS. I misspelled a word in thread title and I can't change it now. That is extremely aggravating lol.
PPS. Thank you, moderator, for fixing the misspelled word in the title lol
PS. I misspelled a word in thread title and I can't change it now. That is extremely aggravating lol.
PPS. Thank you, moderator, for fixing the misspelled word in the title lol
If it were not so, I would have told you...