Skip to main content
TurboTax
Community
TurboTax
TurboTax
K
krishkar99
Level 2
June 6, 2019
Question

I had elected mark-to-market during last year Tax filing.This year I need to submit form 3115 and form 4797(with adjustment 481).Will I be able to do this using turbotax?

  • June 6, 2019
  • 2 replies
  • 0 views

1. Which version of turbotax helps with this ?

2. Do I need to use software like tradelog additionally ?

3. Can all these (3115, 4797 etc.,) be done using e-file ?

    2 replies

    M
    murran
    Level 2
    June 6, 2019
    The TT Home and business allows FORM entry in addition to the Q and A method.  It is worth the cost.  Virtually all financial institutions provide down loading capability.  Manual entering is OK if you have a very limited number of transactions.  More active trades really do need a logging package.  TT will tell you if you if E filing is allowed considering the forms you use.
    K
    krishkar99Author
    Level 2
    June 6, 2019
    Since this is MTM accounting method, it won't be Form 8949. I need to file Form 4797, section 481 adjustment. And also Form 3115. The more I read about this, it looks like getting complicated with TT.
    M
    Moonraker12
    Level 2
    April 9, 2022

    Hi, I am facing the same dilema first time MTM filer. How did you resolve your issues? 

    C
    CarissaM
    Level 15
    April 9, 2022

    Can you describe the issue you are having, so we can better assist you? @Moonraker

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

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Explore your options
    Terms & ConditionsAccessibility statement
    Sitemap
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2026 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    About Cookies Manage cookies

    TRUSTe nResult Certified e-File C-Level Security Certification
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Copyright © Intuit Canada ULC, 2026. All rights reserved.

    About Cookies Manage cookies Privacy setting

    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

    © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

    À propos des témoins Gérer les témoins Privacy setting