GeorgeM777
Expert Alumni

Investors & landlords

It does not appear that MA allows an ordinary income deduction for forex losses unlike what you have on your federal return.  The situation might be different if you were in the business of forex trading in which case the loss would be reported on MA Schedule C.  MA Schedule B does allow for capital losses, so that appears to be the only place where you can claim your forex losses.  

 

@ruimarqu

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