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Is FXDD required under US tax law to report margin account information regarding a non-US citizen customer?

April 26, 2017account Citizen fxdd margin report tax law

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Is FXDD required under US tax law to report margin account information regarding a non-US citizen customer?

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No. Non-US citizen-customers are responsible for reporting their earning and losses. FXDD will certainly let customers know if any changes occur, but FXDD does not issue 1099 tax forms to individual traders.