You'll need to sign in or create an account to connect with an expert.
TurboTax does not support the Mark to Market election.
The Mark-to-Market Election
A trader must make the mark-to-market election by the original due date (not including extensions) of the tax return for the year prior to the year for which the election becomes effective. You can make the election by attaching a statement either to your income tax return if filed without an extension or to a request for an extension of time to file your return. The statement should include the following information:
https://www.irs.gov/pub/irs-pdf/i3115.pdf
How to attach a mark to market statement on Turbotax for online filing?
TurboTax does not support the MTM process. You can download the form from IRS.
See additional information in the thread below:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
dprdms
Level 2
titi10402022
Level 2
jhanson22087
New Member
NZtJqrmn7z7
Returning Member
dee72765
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.