Thanks @GeorgeM777 ….But isn’t capital gains from day trading and qualifying as TTS considered income ? Since TTS is considered a self employed business ?
This is where the confusion is. Again we didn’t elect MTM. And because of this we need to file our capital gains schedule D from our 1099B, and if by law this is considered income, why can’t I qualify for QBI? And if we do qualify for QBI , how do we make your program apply it ?
Raising the question again: is it because we didn’t elect MTM 475 last year ? Or is there a way to do it in the desktop version of your program through forms mode ?
