Recent content by Booh

profitseer, When electing MTM for futures you do lose the 60/40 split for capital gains treatment as crackedback pointed out. So in your case right now MTM does not make sense if you are up and trading futures. Remember the MTM election needs to be made by 4/15 of the current tax year to...

Janko, No need to provide the full detail of your trades - sum by broker and insert "Broker name(available upon request)". You can sum up securities and options activity for a single account on one line. I have done this and never had a problem with the treatment by the IRS. Make sure your...