Hyo
Level 1

Get your taxes done using TurboTax

-Yes, my wife and I have partnership, with no one else.

-I am being GM in this partnership. 

-I also do think I qualify as a trader and not investor.

 

So I was able to figure out Form Mode and entered "A IRC988 (002)" and amount. (002 is trading accnt number) 

But where and how can I put expenses from trading? computer, fees, etc

I know I should leave 1065 page1 blank(both income and deduction), but fill page4 schedule K  because trading is not self-employment gain or loss. 

 

Thank you