Ask an Accountant

I trade Forex and HFX (High Frequency Trading) & I live In Texas Do i Have to pay taxes on that money? And if so how much? And are forex traders considered self employed? Thanks

Answered by Keeper Staff ·

Hi there! Great question. The short answer is yes, you do have to pay tax. However, given how complicated tax matters are around capital gains, I recommend consulting with a tax professional.

Have a tax question of your own?

Ask a Keeper tax pro and get a free answer sent straight to your inbox.