16 Feb 09 What is the tax rate for a forex market?

jaccchen23 asked:


What is the tax rate for a forex market?
About a year ago, I invested couple thousands of dollars in forex market. I have more lose than gain. Overall, I’ve gained around $7000.00 (my loss is higher than this value). My question is what would the tax rate for this capital gain be for this kind of situation. My regular income is less than $20,0000

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