Deductions & credits

I agree that the TurboTax Help article you referenced should include a notation concerning Form 8960 and will forward that to the Moderators (who, in turn, can forward it to the developers).

 

Ref: https://ttlc.intuit.com/turbotax-support/en-us/help-article/income/report-trader-activity-without-se...

 

Regardless, it has to be understood that taxpayers who have trader status and make a Section 475(f) election and are subject to the NIIT and use TurboTax to prepare their returns has got to be a fairly small universe of taxpayers. 

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