Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Box-By-The-Riviera™ who wrote (311)	12/25/1997 11:41:00 AM
From: Colin Cody	Read Replies (1) of 5810

Joel, Other than the past readings on this BB, I've NEVER heard of any elction for a Stock Trader to "Mark-to-Market" and that by so doing he reports all gains from capital transactions (that belong on Sch D) as ordinary revenues and costs of sales (on Sch C). . Could you please give me a reference or citation as to what Regulation or Court Case (or whatever) you are referring to? . Thanks! . Colin

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