aminus21
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Thanks for the explanation @DawnC. I did not make the 475 election for 2021 since I trade 1256 contracts and felt the tax treatment was better without 475 elect...
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Curious, why do you need to use forms if you are a professional day trader?
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Im in the same boat as you. Futures trader so our capital gains/loses go on 6781 but expenses on Schedule C. TT had me upgrade to the Self Employment version to...
Activity Feed for aminus21
- Cheered Re: Trader tax status and Turbotax? for DawnC. February 13, 2022 1:37 PM
- Posted Re: Trader tax status and Turbotax? on Get your taxes done using TurboTax. February 13, 2022 1:35 PM
- Posted Re: Trader tax status and Turbotax? on Get your taxes done using TurboTax. February 13, 2022 12:02 PM
- Posted Re: Trader tax status and Turbotax? on Get your taxes done using TurboTax. February 13, 2022 12:00 PM