I am just a casual Forex spot trader, actually traded only a couple of times in 2022. And I lost $2000.
I am not a day trader either trading in business.
Q1) . Do I claim my loss as Capital Loss or Ordinary Loss?
( I am assuming my loss is Capital Loss Schedule D ??? )
Q2). If it's Capital Loss -> Investment and Saving ( 1099DIV, 1099INT, 1099B . . .) is right Section to claim ?
If it's Ordinary Loss -> Other income 1099MISC is right Section to claim?
I spent a lot of time to search to determine whether Capital or Ordinary Loss, but each writer describes a little differently and I want to make sure it from knowledgeable people here. Also, if anyone gives me a guidance how to claim it in a right section, it would be very helpful.
Thank you so much.
