Tax Chat Today

futures are m2m on a daily basis by definition. I do not want to elect m2m because I am trading futrures and want to take advantage of the 60/40. My question is where do I report my realized future gains/losses on trades that where closed in 2003? If it is 6781 Part 1 is for "Contracts Marked to Market" and Part 2 is for "Straddles". Where do I enter the 60/40 gains/losses?
 
Hi,

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thnx
richard william
 
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