DD Walker
Returning Member

First year active trader (Mark-to-market), how to enter 481(a) adjustment?

I elected active trader (MTM) accounting with my 2020 tax return. So tax year 2021 is my first year switching to MTM account. I know I need to do 481(a) adjustment for my open positions at the end of 2020. But I'm confused about where to enter the adjustment into my 2021 tax return. 

Should I enter the adjustment as a separate entry in Line 10 of form 4797?

Thanks for the help.