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Get your taxes done using TurboTax
It is highly recommended that you use one of the CD/downloaded versions of TurboTax when you are a trader with Section 475(f) election. The 'desktop' version of the program will give you access to Forms Mode which is needed in order to view some of the forms and make certain entries, especially for claiming a home office. Using Forms Mode to make certain entries on your return does not require it to be filed by mail.
You can download a copy of your TurboTax Online tax file and use the information to get started with your return in a desktop version of the program. See the help article below for instructions.
Any desktop version of TurboTax includes Forms Mode and access to all the tax forms. The difference between the versions is the level of support and help content along the way. Higher versions provide more detailed step-by-step options.
To learn more:
How do I save my TurboTax Online return as a tax data file?
How do I report my trader activity with (or without) Section 475(f) election in TurboTax?
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