Recent content by younevercall

  1. Y

    does every trade need to be itemized on 4797

    I just found where the IRS seemingly details that every transactions needs to be itemized Please let me know if I am reading it correctly. Thank you https://www.irs.gov/pub/irs-pdf/i4797.pdf page8 Securities or Commodities Held by a Trader Who Made a Mark-to-Market Election Report on line...
  2. Y

    does every trade need to be itemized on 4797

    Thx Girija for the quick reply. May I ask your source. Have you seen it quoted somewhere (that various is sufficient)?
  3. Y

    does every trade need to be itemized on 4797

    I elected 475(f) mark to market many years ago but have not traded heavily the past few years and therefore have not used 4797. However, this year I traded heavily and will have to report on 4797; do all the trades have to be itemized or can I simply enter various (for dates of purchase and...
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