Paying Taxes

Digot of The Day (Session 134):

WIS - Premium% - 7.6596 - Gain - .4274%

This digot has the lowest premium, and it appears that the premium prices are going up. This makes it even more important to search the trading house for discounted digots. One thing you can do to make sure you are not missing any of the deals is to set your Maximum digot value to the amount you plan to spend from Reserve Balance. That way, it limits the selection to what you can actually buy.


QOD: George asks - Does dxinone send out any tax forms to us? How is this taxed?

I have not heard of DXInOne sending out any tax forms. They are not a company from the United States, but from Vanuatu. However, if you earn an income, you are most likely required to pay some type of tax here in the U.S. I suggest you consult with a Certified Public Accountant who has experience with foreign investments. Also, you can find out some of the tax rules at the Internal Revenue Service. Another good idea would be to send a thread to support asking your question, as they will know more about whether or not they send out statements of income.

Thanks for the question George!

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Happy Investing,

LadyDXer