I have never seen anywhere that the IRS says these sections are only for professionals. That's great if that's the case then I wouldn't have to worry about part...
Earlier you said I don't have an unrecognized gain on this transaction because it's marked to market. Now you say I do? So I'm confused now. I can see a potenti...
When you say I don't have a cost of trade or date acquired, it appears to me you are treating this futures contract trade similar to a stock trade. I can unders...
I don't have a loss, I have a gain. Fair market value was lower than cost basis because this was a short position. In other words I sold one contract at the hig...
