Tax for Forex Trading

Hi everyone,

I'm new to this forum and have some tax/forex related questions. shasta directed me to this area, thanks shasta ! :)

So, what I would like to know is, if I trade forex on a personal basis. How should I file for tax returns, as in how to calculate the profits/losses ? Account Balance ? Liquidable Equity ? Margin Avaiable ? And also how should you take the floating profit/loss into account ?

If you do a search I think this subject has been covered on a previous thread.

rgds - arco