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TTS: proper time to file Form 3115
I am now applying for trader tax status before Apr 18, 2023 at UTAH office, to be effective from 01/01/2023. This is for one account only out of three trading accounts I have.
My question is should I fill Form 3115 now with my Account Mark to Market total on 01/01/2023, OR can I postpone that next tax filing deadline, that is Apr 15, 2024. I appreciate if some one with some knowledge about answer this question.
Nuka Reddy
Topics:
‎April 10, 2023
12:00 PM