Posted 9/16/2014 17:12 (#4077789 - in reply to #4077538) Subject: RE: A question on tax treatment of futures transaction.
I thought a profit in a spec trade is taxed 40% short term gain and 60% long term gain no matter what length of trade is. It is marked to market. Which I think it means profit is taxed as of end of tax year even if trade is still on. I could be wrong though.
A question on tax treatment of futures transaction.
