BobTheTaxMan …But my suggestion would be don’t mess with it. take the conservative side. File it as ordinary income. Pay your taxes that’s on it. And keep your ear to the ground. Any kind of new changes that are going to come out in this particular arena the dinar crowd is going to pick it up and run like crazy with it. But most importantly if you have a half decent attorney or CPA who’s familiar with Forex they’re going to say “Guess, what?!” and then you go back and amend the return. So if you amend the return. You’ll get back the amount of money you didn’t have to pay taxes on PLUS you’ll get interest from the federal government and if your state…has an income tax they have to pay you interest as well. Hmmm…sounds like a good plan to me. The thing I like about it is that I don’t want to have to walk around downtown looking over my shoulder worrying about the IRS getting on my case….My invitation is to realize that if you elect to file capital gains you’re walking the line. That line could turn and snap you. If it does snap you it’s going to cost you more money. If you take the line and be more conservative and pay it as ordinary income whatever initial taxes you paid you have three years to recover. And within three years they’ll be some sort of an answer that will be well known…let it go. I assure you you’ll be a lot happier… [Post 4 of…]