Search results

This has nothing to do with preparation, any person starting day trading will probably have one year without a mark to market election. A year without it isn't a big deal if your metrics are reasonable. If mark to market is a deal breaker then you shouldn't be trading. Familiarity with mark...

C'mon people - read the question. I understand how M2M works, the question is which trades are looked at to determine whether or not my application that I will be filling will be approved or not - only 2017 or 2018. I'm not asking if I can get M2M for 2017 trades...

Yup, an extension is a given. As I said, I haven't found a CPA that has time for a consultation before April 15. I'm familiar with Green's site. Unfortunately there isn't information about whether or not my 2017 trades or 2018 trades are used to qualify me.

Hi, I'm a relatively new day trader and have been actively trading in 2018. Based on my trading in 2018 I would be classified as a day trader in the eyes of the IRS. However, in 2017 I made maybe a dozen day trades. Does anyone know if a Mark to Market election can be filed based on trading...