Hi Coleen,
I am also a trader in securities. I qualify based on all the criteria, and I have made the mark to market election timely. I entered my gains on form 4979, and entered my business expenses (trading programs and other computer related expenses) on schedule C, but I don't know where to enter my home office expense (i.e., rent and utilities portion allocated to the office)? Since I entered the trading income on 4979 and the business expenses on schedule C, I have a net loss on Schedule C, and when that's the case, home office expenses become not deductible. Is there any other place I can enter home office expense? Thanks so much, and if you can reply timely, I would be ever so grateful. Thank you, Sam.
