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I believe I made the wrong trader/investor selection when filing 2022 taxes. Is there a way to change status for 2023 to do mark to market accounting on gains/losses?
In 2023, I started day trading full-time, and so it would be best for me to use mark to market accounting, however I didn't make the change by 4/15. Is there a way to correct this? I read online about "9100 relief" but that seems to cost over 10,000 with an uncertain outcome. Thank you!
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‎June 3, 2023
1:45 PM