Appreciate the responces. Thoughts on the following?
Mr John Smith
SSN [removed]
DATE 04/03/2024
Attachment to the 2023 Form 1040
I, Mr Smith hereby elect to use the mark-to-market method of accounting under section 475(f) of the Internal Revenue Code for my trade or business of trading securities. The first year for which the election is effective is the taxable year beginning January 1 2024.
AND/Or I, mark 64 on form 3115
Thoughts on which one or both?
