I don't understand your reply. Trader Tax Status (TTS) Traders that have selected Section 475 MTM must put their transactions on part II of Form 4797. Sonnycvng apparently meets the TTS requirements, and also has chosen Section 475 Election, so per the Form 4797 Instructions "Gains or losses treated as ordinary gains or losses, if you are a trader in securities or commodities and made a mark-to-market election under section 475(f)" are to be reported on part II of Form 4797. See <a rel="nofollow" target="_blank" href="
https://www.irs.gov/pub/irs-pdf/i4797.pdf">https://www.irs.gov/pub/irs-pdf/i4797.pdf</a>
