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Question on Taxes - need help


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Question on Taxes - need help

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 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
Posts: 228 since Apr 2010
Thanks Given: 72
Thanks Received: 145

I traded all last year full time and I lost money. I am doing this full time and listed my profession as trader. I received a notice from the IRS today that I owe them $5000. The IRS sent me printouts from my Interactive Brokers account. Could somebody recommend a professional to help me straighten this out? Do I need to find a trading accountant?

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Last Updated on September 8, 2014


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