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Get your taxes done using TurboTax
@mdeodhar wrote:
Where can I report the statements 1099-B, 1099-INT that are related to the my trading account? I am guessing that should also go under the business income section and not under my person income section?
Yes, the income from dividends and interest would be reported as business income (Schedule C, presumably) if you have made a MTM election, but the trades would initially be reported on Form 4797.
March 5, 2023
8:56 AM
3,955 Views