Coleen3
Intuit Alumni

Deductions & credits

I understand that you want to do this but it is not what the IRS wants you to do. Enter zero for income on Schedule C and enter your stock trades on Form 4797 as the IRS prescribes. Enter your expenses on Sch C.
"However, if a trader makes a timely mark-to-market election, then he or she can treat the gains and losses from sales of securities as ordinary gains and losses (except for securities held for investment - see above) that must be reported on Part II of Form 4797.pdf, Sales of Business Property."
<a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc429.html">https://www.irs.gov/taxtopics/tc429.html</a>