In which year I need to select M2M when creating a new partnership LLC (2024) with spouse for stock options trading

Hi - I and my spouse are active trader and want to form an partnership LLC in Jun-2024 in california. In which year we need to select MTM (475f). I think we need to select before 3/15/2025 (along with filiing business taxes next year).

Could you @AmyC please confirm and provide more inforation.

Regards,

posted

K-1s for publicly traded partnerships: 1. How not to double count divs, cap gains (also on 1099). 2. No Sched A attached but need for 199 3. No K-3, company says infor for it on K-1 but I cant figure out

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In which year I need to select M2M when creating a new partnership LLC (2024) with spouse for stock options trading

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In which year I need to select M2M when creating a new partnership LLC (2024) with spouse for stock options trading

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