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If you buy euros with dollars, keep them, then buy dollars back, is that lunged as capital gain/loss?
If you buy euros with dollars, keep them, then buy dollars back, is that lunged as capital gain/loss?
In short, yes, in the US, with a few exceptions.
I believe currency trading has special tax treatments distinct from commodities.
https://www.investopedia.com/articles/forex/09/forex-taxation-basics.asp https://www.investopedia.com/articles/forex/09/forex-taxatio...