turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

strephil1969
Returning Member

MARK TO MARKET- gain or loss entries torbotax

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JohnB5677
Expert Alumni

MARK TO MARKET- gain or loss entries torbotax

Yes; TurboTax can handle the type of return.

Please see this post to help get you started  How to post Mark to Market

 

Unlike traditional purchase and sale of stocks and derivatives,  Mark to Market traders establish their profit and loss on a daily basis (Much like watching the daily value of the DOW or S&P 500). 

 

The traders profit or loss is evaluated for tax purposes every year and it is simply the difference between the beginning and ending value of the portfolio.  Purchases and sales are not part of the calculation.  What is Mark to Market

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies