Get your taxes done using TurboTax

most persons I see on this forum who want to go MTM

 

  • don't understand the concept and what is involved, nor how to file their tax return.
  • don't meet the stringent  qualifications for Professional Trader Status.
  • will be audited and have their election overturned by IRS.

You can file as a Day Trader without making the MTM election.

Even that is hard to qualify for and will probably trigger an audit.