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How do I handle taxes from the payouts?

How do I pay my taxes from the payouts?

Updated over 7 months ago

Summary:

Your responsibility | Funding Traders does not handle your taxes for you.
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As a contractor, you are solely responsible for paying your own taxes based on the laws governing your country/state.
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​We advise you to consult a tax professional.


Handling Taxes from Payouts at FundingTraders: Your Responsibility

  • Your Responsibility: FundingTraders does not manage or handle your taxes on your behalf. As a funded trader operating with us, you are considered a contractor, and it is your sole responsibility to manage and fulfill your tax obligations in accordance with the tax laws governing your specific country or state.

  • Consulting a Tax Professional: To ensure compliance with tax regulations and to understand your tax liabilities fully, we strongly advise you to consult with a qualified tax professional or accountant. They can provide you with the guidance and insights necessary to accurately report and pay your taxes.

By making you aware of your tax responsibilities and encouraging you to seek professional guidance, we aim to assist you in managing this important aspect of your trading activities responsibly and in accordance with the laws applicable to your jurisdiction.

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