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A bad man, though raised to honour, always returns to his natural course, as a dog?s tail, though warmed by the fire and rubbed with oil, retains its form
Most options and futures traders will need to become familiar with IRS Form 6781 as they complete their taxes each year. Form 6781: Gains and Losses From Section 1256 Contracts and Straddles is a tax form distributed by the Internal Revenue Service (IRS) and used to report gains and losses from straddles or financial contracts. For reported investments, 40% of the gain or loss is reported as short-term, and the remaining 60% reported as long-term.
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